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Current Page: homeexpertise people contact RSS LinkedIn Facebook Instagram Spotify Search Close Enter Search Terms Search Competition Law Draft Lesser Penalty Regulations: Key Takeaways By Avaantika Kakkar , Vijay Pratap Singh Chauhan , Kirthi Srinivas , Dhruv Rajain & kaustav kundu on November 1, 2023 Posted in Competition Listen to this post The Competition Commission of India (CCI) has published the draft Competition Commission of India (Lesser Penalty) Regulations, 2023 (LPR 2023) seeking stakeholder comments by 6 November 2023. Continue Reading Draft Lesser Penalty Regulations: Key Takeaways CCI’s Draft (Combinations) Regulations: Key Takeaways By Avaantika Kakkar , Vijay Pratap Singh Chauhan , Dhruv Rajain , kaustav kundu & Kirthi Srinivas on November 1, 2023 Posted in Competition Listen to this post The Competition Commission of India (CCI) has published the draft CCI (Combinations) Regulations, 2023 (Draft M&A Regulations) on 5 September 2023 and has invited stakeholder comments, to be submitted by 25 September 2023. The Draft M&A Regulations would replace the current CCI (Procedure in regard to the transactions of business relating to combinations) Regulations, 2011 (Combinations Regulations, 2011). Continue Reading CCI’s Draft (Combinations) Regulations: Key Takeaways What’s Happening? 2022 Wrap of Competition Law in India By Avaantika Kakkar , Kirthi Srinivas & Ruchi Verma on February 14, 2023 Posted in Competition Listen to this post Introduction 2022 was an eventful year for competition law in India. The Competition Commission of India ( CCI ) operated optimally approving combinations notified before it in reasonable timelines, conducting significant dawn raids, passing notable orders that made international headlines, and conducting market studies. The anticipated amendments to the Competition Act, 2002 ( Act ) were discussed ad nauseum in conference rooms and across coffee tables. Notable also is that the CCI has not had quorum for the formal conduct of business since Chairperson, Mr. Ashok Gupta demitted office on 24 October 2022, which has resulted in deals worth billions stuck without clearance. Continue Reading What’s Happening? 2022 Wrap of Competition Law in India Clarity on parity? Potential implications of the CCI’s order against MMT-Go for intermediation platforms By Vijay Pratap Singh Chauhan , Swaha Sinha , Shivani Sathe & Rajat on January 5, 2023 Posted in Competition Listen to this post On 19 October 2022, the Competition Commission of India (the CCI ) imposed heavy penalties [1] on MakeMyTrip India Private Limited ( MMT ) and Ibibo Group Private Limited (collectively, MMT-Go ) and directed MMT-Go to, inter alia, modify its agreements with hotels to remove parity and exclusivity related obligations. Legitimacy of price parity clauses (also referred to as ‘best-price’ or ‘most favoured nation’ or MFN clauses) has been one of the highly debated ‘modern’ antitrust issues across many jurisdictions. Continue Reading Clarity on parity? Potential implications of the CCI’s order against MMT-Go for intermediation platforms Update on Indian Merger Control Regime: The Small Target Exemption and pitfalls around jurisdictional thresholds for merger filings before the CCI By Avaantika Kakkar , Vijay Pratap Singh Chauhan , Kirthi Srinivas & Dhruv Rajain on March 30, 2022 Posted in Competition The Ministry of Corporate Affairs ( MCA ”) has extended the suspension of the 30-day deadline for merger filings India’s competition regime is mandatory and suspensory. A transaction cannot be completed (in whole or in part) unless the Indian competition regulator grants its approval. Continue Reading Update on Indian Merger Control Regime: The Small Target Exemption and pitfalls around jurisdictional thresholds for merger filings before the CCI Penalty for penalty: CCI penalises Maruti Suzuki for indulging in resale price maintenance By Kirthi Srinivas , Shreya Joshi & CAM Competition Team on August 31, 2021 Posted in Competition In an order published on August 23, 2021, the Competition Commission of India ( CCI ) penalised Maruti Suzuki India Limited ( MSIL ) to the tune of INR 2 billion (approx. USD 27 million) for restricting and controlling the discounts offered by its dealers to the end consumers. Such conduct by India’s leading passenger vehicle manufacturer was held to be anti-competitive resale price maintenance ( RPM ), and thus violative of the provisions of the Competition Act, 2002 (as amended) ( Competition Act ). Continue Reading Penalty for penalty: CCI penalises Maruti Suzuki for indulging in resale price maintenance International Trade: Analysing India’s potential free trade agreements with the UK and the EU – Part 2 By Vijay Pratap Singh Chauhan on July 2, 2021 Posted in International Trade In the first part of this series (read here ), we analysed the prospects and challenges of a potential free trade agreement ( FTA ) between India and the UK, as a precursor to which, the governments of India and the UK agreed on an Enhanced Trade Partnership last month. Around the same time, the EU also agreed to restart negotiations on a potential FTA with India. In this second part , let’s discuss the prospects and challenges of a potential FTA between India and the EU. Continue Reading International Trade: Analysing India’s potential free trade agreements with the UK and the EU – Part 2 Analysing India’s potential free trade agreements with the UK and the EU – Part 1 By Vijay Pratap Singh Chauhan on June 14, 2021 Posted in International Trade Last month, the UK and the EU separately announced their intention to negotiate a free trade agreement ( FTA ) with India. This is a significant development, not only from an international trade perspective, but also from geo-politics perspective. For India, FTAs with the UK and the EU have the potential of integrating it with the dominant global value chain of trade, and for the UK and the EU, FTAs with India would not only provide them an enhanced access to one of the largest and fastest growing markets as well as manufacturing hubs in the world, ensuring supply chain resilience, but would also enhance their economic and political influence in the Indo-Pacific region. Continue Reading Analysing India’s potential free trade agreements with the UK and the EU – Part 1 The Antitrust Year in Review – 2020 By Avaantika Kakkar , Kirthi Srinivas & Shreya Joshi on June 10, 2021 Posted in Competition The Competition Commission of India ( CCI ) adapted nimbly to the challenges of 2020 and focused on digital payment platforms and cartel investigations; a few merger cases threw up interesting results as well. The much-anticipated guidance notes for the amended Form I notice were also a key highlight in 2020. Continue Reading The Antitrust Year in Review – 2020 CCI issues interim order to relist FabHotels and Treebo By Kirthi Srinivas , Yash Lahoty & CAM Competition Team on April 5, 2021 Posted in Competition In an interim order dated 9 March 2021 [1] , the Competition Commission of India ( CCI ”) has asked MakeMyTrip India Private Limited ( MMT ”) and Ibibo Group Private Limited ( Ibibo ”) to relist the hotels of Casa2Stays Private Limited ( FabHotels ”) and Rubtub Solutions Private Limited ( Treebo ”) on their platforms. The CCI granted interim relief while adjudicating the applications filed by Treebo and FabHotels. The Competition Act, 2002 (as amended) ( Act ”) gives power to the CCI to grant temporary injunction restraining any party from carrying on acts which are in contravention of certain provisions of the Act, until the conclusion of such inquiry or until further orders. Continue Reading CCI issues interim order to relist FabHotels and Treebo Post navigation Older Posts About A blog examining significant updates in the Indian competition law regime that impact doing business in India. Blog Authors Show/Hide Aishwarya Gupta Anand Yadav Avaantika Kakkar Ayush Gumdelwar CAM Competition Team CAM...