Introduction
The merger control regime in India has undergone significant transformation following recent reforms under the Competition Act, 2002. Pursuant to the Competition (Amendment) Act, 2023 and subsequent regulations operationalised in 2024, the Competition Commission of India (CCI) has introduced a more structured, modern, and principle-driven framework for reviewing combinations.
Key reforms include the introduction of the Deal Value Threshold (DVT), refinement of exemption rules, formal recognition of the concept of material influence within the definition of control, changes in the assessment of competitive overlaps, streamlined approval timelines, and the establishment of mechanisms to monitor compliance with post-approval conditions.