Merger Control In Developing Nations: Is Green Channel Taking India Through The Correct Route?

In this article the authors delve into how merger control is an essential element of competition law and aids in developing and sustaining a fair and healthy economy. The introduction of the Green Channel Route as an automatic mechanism for the approval of combinations is a step in the right direction. However, there are certain issues regarding the implications and implementation of such a procedure. This essay aims to analyse the Green Channel Route vis-a-vis merger control policies and mechanisms used in other developing economies, namely South Africa and Brazil. The implications that the Green Channel route has upon the holistic development of the Indian economy is analysed in light of the incorporation of Public Interest Considerations in South African merger control policy. Further, the essay analyses the fast-track procedure for merger approvals present in Brazilian competition law. It goes on to argue that certain procedural mechanisms present in the Brazilian fast-track procedure may be added to the Green Channel Route in order to increase certainty and accountability. Finally, the essay concludes by offering suggestions as to how these lessons from foreign jurisdictions may be incorporated into the Indian merger control regime. Continue reading Merger Control In Developing Nations: Is Green Channel Taking India Through The Correct Route?

Exploring Anti – Competitiveness in Standard Essential Patents; A Law and Economics Perspective.

In this article the authors delve into that how Patent and Competition Laws often conflict due to their contrasting goals: patent laws encourage innovation through exclusivity, while competition laws ensure market efficiency by preventing monopolistic practices. This tension is particularly evident in the case of Standard Essential Patents (SEPs), which are crucial for technology standards and can lead to market dominance and potential abuse. The recent Delhi High Court ruling that grants exclusive jurisdiction over SEPs to patent laws overlooks the role of competition laws in addressing anti-competitive behavior. This essay critiques the ruling, arguing that the Competition Commission of India (CCI) should also have a role in regulating SEPs to ensure fair competition and consumer protection. The essay advocates for a balanced approach where both patent and competition laws work together to prevent abuses and maintain market fairness, emphasizing that the CCI’s expertise in market regulation is vital for addressing the economic impacts of SEPs. Continue reading Exploring Anti – Competitiveness in Standard Essential Patents; A Law and Economics Perspective.

SEBI’s New Centralized Reporting Mechanism: A Masterstroke or Not?

In this article, the author delves into the pivotal developments that transpired in October 2023 when the Securities Exchange Board of India (SEBI), exercising its authority under Section 11(1) of the Securities and Exchange Board of India Act, 1992 (SEBI Act), issued a consequential circular. Effective from January 1, 2024, this circular introduces a centralized mechanism for reporting the demise of an investor, facilitated through KYC Registration Agencies (KRAs). The primary objective of this regulatory initiative is to streamline the intricate process of reporting and transmitting securities following an investor’s demise, directing them towards the designated nominees or legal representatives. The author also talks about the necessity for such reform becomes apparent when considering the absence of a centralized system for reporting and transmitting securities in the pre-existing framework. Continue reading SEBI’s New Centralized Reporting Mechanism: A Masterstroke or Not?

India’s Antitrust Problem With Big Tech—Part 2

In this second post of the series, the author analyses competition concerns persisting with the nature and operation of Big Tech companies which hinder the regulatory capacity of CCI in effectively responding to the issues identified in the first part. Further, the author highlights the overlapping jurisdiction of the CCI and sectoral regulators as a consequence of the continuingly expanding horizons of Big Tech’s influence on allied and ancillary sectors. Continue reading India’s Antitrust Problem With Big Tech—Part 2

Competition Watchdog held Discount Control Policy Anti-Competitive in Nature

In this post, the author presents an incisive analytical note on CCI’s recent cease-and-desist order against Maruti Suzuki India Limited (MSIL) for entering into anti-competitive agreements with its dealers, resulting in Appreciable Adverse Effect on Competition in Indian markets.
Continue reading Competition Watchdog held Discount Control Policy Anti-Competitive in Nature