Introduction The Government of India, through the Ministry of Corporate Affairs (“MCA”), by way of a notification, has revised the merger control thresholds under the Competition Act, 2002 (“Act”) on March 04, 2016, valid for a period of 5 (five) years, ending on March 04, 2021 (“Notification”). Please find set out below the revised thresholds for your ease of reference: (a) Target Based or De Minimus Exemption Enhanced and Extended As you may be aware, MCA had introduced a target-based exemption, whereby any enterprise whose shares, control, voting rights or assets were being acquired, was exempt from filing a notification with the Competition Commission of India (“CCI”) for seeking its approval, if it had assets less than INR 250 crores (INR 2.5 billion) or turnover less than INR 750
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The Indian Government revises the merger control thresholds valid for the period covering 2016 to 2021
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