The Competition Commission of India takes action against gun-jumping by airlines (Etihad / Jet Airways)

1. Introduction 1.1. The Competition Commission of India (CCI), while approving the acquisition of 17.36% post issue equity share capital of Standard Greases & Specialties Private Limited (SGSPL) by Alpha TC Holdings Pte Limited (Alpha TC Holdings) and Tata Capital Growth Fund I (TCGF I), respectively (Alpha TC Holdings and TCGF I are together referred to as the Acquirers) (Transaction), re-iterates it’s interpretation of ‘control’ under the provisions of the Competition Act, 2002 (Competition Act), the principal legislation governing competition law in India, by way of its order dated 9 September 2014 [1]. 2. Transaction 2.1. The Acquirers are engaged in the business of investment. Alpha TC Holdings is an investment holding company incorporated in Singapore, fully held by Tata

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

  • Shardul Amarchand Mangaldas (Mumbai)
  • Economic Laws Practice (Mumbai)

Quotation

Gauri Chhabra, Suhail Nathani, The Competition Commission of India takes action against gun-jumping by airlines (Etihad / Jet Airways), 9 September 2014, e-Competitions Bulletin September 2014, Art. N° 70821

Visites 221

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues