On September 09, 2024, the Ministry of Corporate Affairs,
Government of India ("MCA") and Competition Commission of
India ("CCI") overhauled the Indian merger control regime
and brought in significant transformations. The MCA notified
several provisions of the Competition (Amendment) Act, 2023 related
to merger control in India and other rules related to Green Channel
route, De Minimis thresholds, and transactions exempted
from notification to the CCI.
Simultaneously, the CCI notified new Competition Commission of
India (Combinations) Regulations, 2024 ("Combinations
Regulations") repealing the old Competition Commission of
India (Procedure in regard to the transaction of business relating
to combinations) Regulations, 2011 ("Old Regulations").
In addition, the CCI also issued FAQs on Combinations Regulations.
The notifications issued by the CCI as well as MCA have come into
force with effect from September 10, 2024. For ease of reference, a
snapshot of these