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ARTICLE · 02 APRIL 2015

The TV Interview That Cost Zuari Rs 3 Crores!

Nishith Desai Associates
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The growing anti-trust jurisprudence in India being developed by the Competition Commission of India definitely requires deal makers to rethink their strategy in conjuring M&A deals.

IndiaAntitrust/Competition Law
Ankit Mishra
Ankit Mishra
Simone Reis
Simone Reis
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The growing anti-trust jurisprudence in India being developed by the Competition Commission of India ("CCI") definitely requires deal makers to rethink their strategy in conjuring M&A deals. Hasty reliance on what has become 'good to have customary rights' may attract onerous obligations and will need careful consideration in light of recent anti-trust developments. The notification of sections 5 and 6 of the Competition Act, 2002 ("Act") and the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011 ("Regulations", the Act and the Regulation are, for the sake of brevity, hereinafter referred to as the "Merger Control Regime") was expected to be a game changer for M&As in India and was met with a lot of skepticism.

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