Companies will get to consult with CCI to save tricky M&As

Friday, 5 August 2022, 20:33:26
Businesses are also set to get the option of making certain binding ‘commitments’ regarding alleged anti-competitive agreements or abuse of dominance and pay a fee for closure of an investigation
— Livemint

Competition Bill to help widen CCI’s scrutiny net over Big Tech, new age biz M&A deals

Friday, 5 August 2022, 16:47:44
New criteria of deal value threshold of ₹2,000 crore proposed for CCI merger notification
— The Hindu BusinessLine

India seeks to tighten rules on M&A antitrust scrutiny; proposed legislation to impact global tech firms

Friday, 5 August 2022, 15:32:10
Facebook”s acquisition of WhatsApp in 2014 for $19 billion, for example, required no CCI clearance, even as WhatsApp counted India as a major market, lawyers say
— Zee Business

Cloudtail challenges validity of CCI searches on April 28

Thursday, 4 August 2022, 20:32:11
People with direct knowledge of the matter said through a web of corporate restructuring, Amazon gave up its stake in Cloudtail India even as simultaneously it acquired 100% of the parent company of Cloudtail, Prione Business Solutions. Cloudtail is no longer an active ecommerce vendor.
— Economic Times India

CCI Clears Rs 4,500 Crore Deal Between Bandhan Financial Holdings-Led Consortium And IDFC

Tuesday, 2 August 2022, 22:21:32
The transaction includes a 99.96% stake in IDFC Asset Management Company Ltd. and 100% in IDFC AMC Trustee Company Ltd.
— BQ Prime