India: As part of the government’s goal of reducing the costs of doing business, the Competition Commission recently revised the thresholds for merger notifications.
“‘The revised thresholds serve the dual purpose of restricting the CCI’s review to M&A activity that has the potential to affect the market and reducing transaction costs for smaller deals […] The increased thresholds for notification are certainly a welcome change, both for the business community and the CCI’, says Samir Gandhi, Head of the Competition and Antitrust Practice at AZB & Partners”.
That change focuses the Competition Authority’s priorities on its investigative powers “to curb anticompetitive practices and less merger control”
