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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.

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.

Full Content: ETRetail

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