CCI’S Guidance on Calculation of Turnover

CCI’S Guidance on Calculation of Turnover By Nandish Vyas and Geet Sawhney (Veritas Legal, India)1

The Competition Commission of India (CCI) recently amended its FAQ’s on combination (Amended Combination FAQs), published on its website,2 in order to bring them in line with the Ministry of Corporate Affairs, Government of India (MCA) 2017 notifications regarding (i) exemption from notifying a combination within thirty days3  and (ii) revised de minimis exemption4 as well as clarification on calculation of relevant assets and turnover in case a portion of an enterprise or division or bus…

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