Merger Regulations Needs Fine Tuning By The Competition Commission Of India

In the wake of 'Make in India' initiative, the Government of India has announced and implemented several steps to encourage investments and improve the environment by simplifying the multiple processes for doing business in the country. Significant relaxations were announced in the FDI policy last year. The Budget which was presented by the Finance Minister last month also seeks to introduce some more measures, including some welcome tax relaxations and incentives. The resultant effect is that India is increasingly been considered as bright spot for investment and also as an island of stability supplemented by sound legal system. Interestingly, India has witnessed growth despite global turmoil¹.