In this issue:
According to the latest speculation, India will have the world’s largest economy by 2050. Whether or not, there’s no question that global businesses need to thoroughly understand the corporate, political, and social environments of this important country. And India is just now tackling merger control. CPI editorial board member Danny Sokol has assembled five expert groups—lawyers, economists, and corporate counsels—who bring their unique perspectives on the recent merger control proposals and modifications, where they work and where they don’t, and what they mean for anyone thinking of doing business in India.
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Revising India’s Merger Controls
The New Indian Merger Control: Key Procedural Issues
India should be at the top of the list of priority jurisdictions for every transaction involving any company with significant activities in India. Simon Baxter & Nikolaos Peristerakis (Skadden, Arps)
Competition Law: A Merger Perspective
The notification of the merger control regulations has not been welcomed as warmly as it should have been by the industry and banking sector. Atul Dua (Seth Dua Associates)
The New Indian Merger Control Regulations: How Does the Balance Tilt?
The merger regulations seem to be divorced from the practices and precedents within which global transactions (acquisitions or mergers) take place. Vijaya Sampath & Ankita Goel De Mallik (Bharti Enterprises)
India’s New Merger Control Regime: An Economist’s Perspective
This article focuses on the processes and working practices we would like to see to ensure that economic evidence is deployed and evaluated effectively in India’s new merger review process. Rameet Sangha (Charles River Assoc.)
Whither Harmonization? India’s Draft Combination Regulations
One formidable challenge facing India lies in crafting a merger review regime that protects the country’s legitimate sovereign interests while avoiding the imposition of undue costs on merging parties and consumers. Christine S. Wilson, Ellen M. Jakovic, & Aaron L. Nielson (Kirkland)