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India: CCI may suggest changes to US$16b Walmart-Flipkart deal

By  |  June 11, 2018

The Competition Commission of India (CCI) might recommend structural changes to the proposed US$16-billion Walmart-Flipkart deal to address possible competition concerns, according to officials.

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    The retail giant has approached CCI for approval, saying the deal does not raise any competition concerns. While CCI is yet to take a call on the Walmart-Flipkart deal, officials said the regulator might order certain structural changes in the proposed transaction to address possible competition concerns.

    Walmart declined to comment in response to a query that the CCI may order some structural changes in the deal with Flipkart and whether Walmart would be ready for making such changes for getting approval.

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