What Has Happened to Merger Control in India? The Impact of the September 2024 Changes
Description
Significant changes to the Indian merger control regime came into effect in September 2024. But what has happened? Nisha Kaur Uberoi, partner at JSA law firm in Mumbai, joins Puja Patel and Matthew Hall to discuss the changes and their likely practical impact on transactions affecting India. Listen to this episode to learn more about the changes including the new deal value threshold, the codification of the material influence test for control, new timelines and procedure and the impact of new definitions on the use of the Green Channel route for approval.
With special guest:
Nisha Kaur Uberoi, partner, JSA advocates & solicitors
Related Links:
JSA article, "What the overhaul of India’s merger control regime means", 24 September 2024 India Competition Act, 2002 Competition Amendment Act, 2023 Competition Commission of India (Combinations) Regulations, 2024 Competition (Criteria for Exemption of Combinations) Rules, 2024 Notifications of the changes
Hosted by:
Puja Patel, A&O Shearman US LLP and Matthew Hall, McGuireWoods London LLP
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