Book contents
- Frontmatter
- Contents
- Preface
- List of Contributors
- Table of cases
- Table of Legislation and Official Guidance
- Introduction
- Albania
- Argentina
- Armenia (Republic of Armenia)
- Australia
- Austria
- Barbados
- Belgium
- Bosnia and Herzegovina
- Brazil
- Bulgaria (Republic of Bulgaria)
- Canada
- Chile
- China*
- Costa Rica
- Croatia
- Cyprus (Republic of Cyprus)
- Czech Republic
- Denmark
- Estonia
- European Economic Area
- European Union
- Finland
- France
- Germany (Federal Republic of Germany)
- Greece
- Hong Kong
- Hungary
- Iceland
- India
- Indonesia (Republic of Indonesia)
- Ireland
- Israel
- Italy
- Japan
- Kenya
- Korea
- Latvia
- Lithuania
- Macedonia (Republic of Macedonia)
- Malta
- Mexico
- Netherlands (The Netherlands)
- New Zealand
- Norway
- Pakistan
- Peru
- Philippines (Republic of the Philippines)
- Poland
- Portugal
- Romania
- Russia
- Serbia
- Singapore
- Slovakia (Slovak Republic)
- Slovenia
- South Africa
- Spain
- Sri Lanka
- Sweden
- Switzerland
- Taiwan
- Thailand
- Tunisia (Republic of Tunisia)
- Turkey
- Ukraine
- United Kingdom
- United States of America
- Uzbekistan
- Venezuela
- Zambia
- Index
India
Published online by Cambridge University Press: 05 November 2014
- Frontmatter
- Contents
- Preface
- List of Contributors
- Table of cases
- Table of Legislation and Official Guidance
- Introduction
- Albania
- Argentina
- Armenia (Republic of Armenia)
- Australia
- Austria
- Barbados
- Belgium
- Bosnia and Herzegovina
- Brazil
- Bulgaria (Republic of Bulgaria)
- Canada
- Chile
- China*
- Costa Rica
- Croatia
- Cyprus (Republic of Cyprus)
- Czech Republic
- Denmark
- Estonia
- European Economic Area
- European Union
- Finland
- France
- Germany (Federal Republic of Germany)
- Greece
- Hong Kong
- Hungary
- Iceland
- India
- Indonesia (Republic of Indonesia)
- Ireland
- Israel
- Italy
- Japan
- Kenya
- Korea
- Latvia
- Lithuania
- Macedonia (Republic of Macedonia)
- Malta
- Mexico
- Netherlands (The Netherlands)
- New Zealand
- Norway
- Pakistan
- Peru
- Philippines (Republic of the Philippines)
- Poland
- Portugal
- Romania
- Russia
- Serbia
- Singapore
- Slovakia (Slovak Republic)
- Slovenia
- South Africa
- Spain
- Sri Lanka
- Sweden
- Switzerland
- Taiwan
- Thailand
- Tunisia (Republic of Tunisia)
- Turkey
- Ukraine
- United Kingdom
- United States of America
- Uzbekistan
- Venezuela
- Zambia
- Index
Summary
Merger control requirements in India are currently governed by the provisions of the Companies Act 1956 (‘the Companies Act’). The Competition Act 2002, as amended by the Competition (Amendment) Act 2007 (‘the Competition Act’) provides for regulation of combinations. However, the provisions for regulation of combinations have not come into force as yet. Once the provisions relating to combinations under the Competition Act are enforced, such provisions will predominantly govern combinations.
Competition Act
The Competition Act was enacted in 2002, inter alia, with a view to preventing practices having adverse effects on competition, to promoting and sustaining competition in markets, to protecting the interests of consumers and to ensure freedom of trade carried on by other participants in markets. The Competition Act received the assent of the President of India on 13 January 2003. Even though the provisions relating to anti-competitive agreements and abuse of dominant position, which are contained in the Competition Act, have been enforced with effect from 20 May 2009 and the Competition Commission of India (CCI), which is the regulator under the Competition Act, has become functional, the provisions relating to combinations under the Competition Act have not come into force as yet. The enforcement of the Competition Act got delayed because of public interest litigation before the Supreme Court of India and the Competition Act 2007 had to undergo an amendment in the year 2007.
- Type
- Chapter
- Information
- Merger Control Worldwide , pp. 705 - 723Publisher: Cambridge University PressPrint publication year: 2012