Sectoral Interplay And The Anti Trust Regime

With the country's anti trust regulator up and rolling the number of investigations launched into the affairs of various corporate business houses operating in different sectors of the economy have multiplied. The Competition Commission has already commenced investigations in sectors including civil aviation, stock exchanges, private sector banks, housing finance companies, DTH service providers and disputes between film producers and multiplex owners. The Act also provides for regulation of mergers and acquisitions of parties exceeding prescribed thresholds of assets and turnover. However, the provisions relating to regulation of mergers and acquisitions, which require prior notification to be made to the Commission prior to consummation of a transaction, are yet to be brought into force.