Nisha Kaur Uberoi, Cyril Shroff, Aug 26, 2013
The (Indian) Competition Act, 2002 (“Act”), replaced the erstwhile (Indian) Monopolies and Restrictive Trade Practices Act, 1969, which contained provisions dealing with cartelization and unfair trade practices but not merger control. It is therefore not surprising that the creation of a new regulator to monitor M&A activity was resented by the industry for more than nine years. The merger control provisions of the Act were finally b
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