The Competition Commission of India releases amendments to its regulations, introducing a green channel mechanism for mergers and acquisitions

As part of the scheme of the Ease of Doing Business in India, CCI was finally able to mature its 7th set of amendment (amendment regulations 2019) to the Competition Commission of India (procedure in regard to the transaction of business relating to combinations) regulations, 2011. The new set of amendments can be seen as a notified effort of the Ministry of Corporate Affairs and Competition Commission of India. Introduction to Green Channel: The main feature of the amendment includes introduction of the Green Channel Mechanism the use of which is at the option of the parties whereby it would be applicable to the certain sets of transactions in the Schedule 3 of the combination regulations. The said amendment introduced the following provisions that would constitute the Green

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  • Gujarat National Law University (Gandhinagar)

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Lakshay Garg, The Competition Commission of India releases amendments to its regulations, introducing a green channel mechanism for mergers and acquisitions, 13 August 2019, e-Competitions August 2019, Art. N° 91651

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