Competition / Antitrust
key
competition_law
URL
/expertise/competition-law
Indian Leniency Regime Revamped
The new leniency regime under the Competition Act, 2002 (as amended) (Competition Act) came into effect on 20 February 2024. It marks the advent of the “leniency plus” framework – a cartel detection tool deployed in several jurisdictions including the U.S.A., U.K., Brazil, Canada, and Singapore.
Indian Competition Authority Publishes the Draft Merger Regulations with Guidance on Deal Value Threshold
On 11 April 2023, the Competition (Amendment) Act, 2023 (Amendment Act) received presidential assent to reform the Competition Act, 2002. The Amendment Act proposed expansive changes to the merger control regime in a bid to bring parity with global developments. While several provisions of the Amendment Act were enforced on 18 May 2023, the changes pertaining to merger control are largely pending implementation.
CCI Publishes Draft Regulations on Settlement and Commitment Mechanism
The Competition (Amendment) Act, 2023 (CAA23) which significantly amended the Competition Act, 2002 (Act) was enacted on 11 April 2023. A detailed overview of the CAA23 along with our views are available here, here, here and here. The CAA23 is being implemented in a staggered manner. Certain provisions which do not require supporting regulations for their implementation were notified on 18 May 2023, while the remaining provisions are expected to be notified once the Competition Commission of India (CCI) finalises the attendant regulations.