Section 48A of the Amended Competition Act – A “Settlement” on Quicksand?
By Anisha Chand & Tanveer Verma1 On March 29, 2023, the Lower House of the Indian Parliament passed significant amendments to the Competition Act, 2002 (“Competition Act”), the chief legislation dealing with competition laws in India. The amendments were approved by the Upper House of the Indian Parliament on April 3, 2023, and will […]
Trends in Gun-Jumping: CCI on a Gun-Jumping Spree
By Anisha Chand & Siddharth Bagul1 With the expansion of the Indian economy, and as corporate transactions come back to pre-Covid levels, the Indian competition authority (Competition Commission of India (“CCI”)) is back to tackling gun-jumping issues with renewed fervor. Statistical analysis reveals that gun-jumping fines under Section 43A of the Competition Act, 2002 […]
Indian Parliament Pushes for Ex Ante Rules on Digital Competition
By Geeta Gouri & Swarnim Shrivastava1 With new tech antitrust bills being tabled in the United States and legislations to regulate digital markets coming in effect in Europe, the Indian Parliament too has taken significant steps to examine and legislate anti-competitive practices in the digital markets. The Standing Committee on Finance’s report on “Anti-Competitive […]
The Crossroads of ESG Collaboration and Competition Law
By Gaurav Desai, Shruti Bhat & Apurva Badoni1 I. Background Responsible investment is reshaping business models across the world and Environmental, Social and Governance (“ESG”) performance and agendas of companies are increasingly becoming key factors for investors in mergers and acquisitions. ESG is also an item of priority for various regulators around the world […]
Abuse of Superior Bargaining Position in Digital Markets: A Way forward for India
By Priyanshi1 The digital economy has transformed the way economic activities were conducted and its distinctive features have prompted major legislative and regulatory initiatives throughout the globe. The growth of such markets has created countless opportunities, fostered competition, and enhanced consumer’ welfare. However, the uniqueness of the technology-driven markets has also brought in multiple […]
Indian Platform Markets, Data, and Privacy
By Dr. Geeta Gouri1 The attractiveness of Indian data and privacy platforms with nationalist overtones in the context of a global backlash against foreign platforms has been articulated in various ways. While protectionism is easy to comprehend in offline markets bound by national boundaries, the same approach of applying the tools of traditional economics […]
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