The Asia-Pacific Antitrust Review 2012

India: Merger Control

01 March 2012

The year 2011 has been a milestone year for antitrust law in India, with a series of significant developments paving the way towards shaping competition law and policy. Arguably the most noteworthy event was the introduction and implementation of the much anticipated merger control regime, which, after a series of false starts, brought into force the merger control provisions of the Competition Act, 2002 (as amended) (Competition Act). As the last of the BRIC1 countries to implement such a regime, there was substantial media coverage, both locally and internationally, on the implementation and effect of these provisions, which should be factored into the regulatory checklist of every global mergers and acquisitions deal with an Indian nexus.