In this issue: According to the latest speculation, India will have the world’s largest economy by 2050. Whether or not, there’s no question that global businesses need to thoroughly understand the corporate, political, and social environments of this important country. And India is just now tackling merger control. CPI editorial board member Danny Sokol has […]

Atul Dua, Apr 15, 2011 India has been witnessing mergers and acquisitions across the small, medium and large companies since its independence. However, post 1992, there has been no rules or regulations to keep a check on the impact of mergers and acquisitions on the competition in the market. Hence, it was vital to review […]

Ellen Jakovic, Aaron Nielson, Christine Wilson, Apr 15, 2011 India’s economy is fast becoming one of the largest and most vibrant in the world. While the recent global economic downturn has caused the economies of other large nations to stagnate, India’s continues to thrive. Indeed, Willem H. Buiter, chief economist for Citigroup and a chaired […]

Ankita Goel De Mallik, Vijaya Sampath, Apr 15, 2011 The Utilitarianism concept of the “greater public good” is the underlying basis of many laws in a developing country like India. This “greater good of many” is seen as one side of a fine balance, with profit motive, liberalization, and economic growth as the other side […]

Rameet Sangha, Apr 15, 2011 India’s new merger control regime will come into force on June 1, 2011. This article describes what consulting economists would like to see from the merger control regime, drawing on experience of merger control in other jurisdictions, in particular Europe and South Africa. In a merger review process with its […]

Simon Baxter, Nikolaos Peristerakis, Apr 15, 2011 On March 4, 2010, the Ministry of Corporate Affairs of India published a Notification according to which the merger-related Sections 5 and 6 of the Competition Act, 2002 (as amended) (the “Act”) will enter into force as of June 1, 2011. The merger control regime will be supplemented […]