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ARTICLE · 26 NOVEMBER 2024

Revamped Merger Control Regime From Anti-trust Perspective In India

Luthra and Luthra Law Offices India
Luthra and Luthra Law Offices India
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Luthra and Luthra Law Offices India

Luthra and Luthra Law Offices India

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Neither the Competition Commission of India ("CCI") nor the Government of India ("GoI") has allowed ‘merger control' regime to remain turtle. Both have endeavored to sync its regulatory regime aligned with market realities and to adopt the best practices followed by matured jurisdictions.

IndiaAntitrust/Competition Law

Introduction

Neither the Competition Commission of India ("CCI") nor the Government of India ("GoI") has allowed 'merger control' regime to remain turtle. Both have endeavored to sync its regulatory regime aligned with market realities and to adopt the best practices followed by matured jurisdictions.

Effective from 10 September 2024, the GoI notified enforcement of certain provisions of the Competition (Amendment) Act, 2024 ("Amendment Act") inter alia overhauling the "Merger Control Regime in India"1. Simultaneously, the CCI also notified the Competition Commission of India (Combination) Regulations, 2024 ("Combination Regulations 2024")2. These changes make a significant shift in India's Merger Control Regime, aiming to address the complexities of today's market dynamics in the wake of ever-increasing prominence of digital markets, entry of multinational players in Indian markets and the rise of conglomerates. Some of the key developments are:

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