The Supreme Court of India applies a strict interpretation to the requirement of notifying the Competition Commission prior to the implementation of a merger (Thomas Cook/ Sterling)

On 17 April 2018, the Supreme Court of India (“Supreme Court”) handed down a decision according strict interpretation to the requirement of notifying the Competition Commission of India (‘CCI’) prior to consummation of a combination under the Competition Act, 2002 (“Act”). The Supreme Court set aside an order passed by the erstwhile Competition Appellate Tribunal (“COMPAT”) in Thomas Cook/ Sterling and affirmed its earlier order in SCM/ Deepak Fertilizers. In August of

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  • Economic Laws Practice (Mumbai)

Quotation

Suhail Nathani, The Supreme Court of India applies a strict interpretation to the requirement of notifying the Competition Commission prior to the implementation of a merger (Thomas Cook/ Sterling), 17 April 2018, e-Competitions Bulletin April 2018, Art. N° 86822

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