Competition Appellate Tribunal sets aside penalty imposed on Thomas Cook & others for nonnotification of an otherwise exempted transaction* In its first decision on substantive aspects of merger control, the Competition Appellate Tribunal (COMPAT) by its order dated August 26, 2015 has set aside the penalty of INR 1 Crore imposed on Thomas Cook (India) Limited&others. In its scheme of acquisition and amalgamation as it is notified to the CCI, the CCI
The Indian Competition Appellate Tribunal reverses the Indian Competition Authority’s fine imposed on a travel agency for not notifying an otherwise exempt transaction (Thomas Cook / Sterling)
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