The Indian Competition Authority publishes draft merger regulations and the accompanying guidance document which supplements the recently amended Competition Law and provides clarity regarding transaction value thresholds and the requirements concerning substantial business operations

Indian Competition Authority Publishes the Draft Merger Regulations with Guidance on Deal Value Threshold* On 11 April 2023, the Competition (Amendment) Act, 2023 (Amendment Act) received presidential assent to reform the Competition Act, 2002. The Amendment Act proposed expansive changes to the merger control regime in a bid to bring parity with global developments. While several provisions of the Amendment Act were enforced on 18 May 2023, the changes pertaining to merger control are largely pending implementation. Our detailed discussions on the Amendment Act are available here, here, here, and here. To supplement the newly introduced provisions, the Competition Commission of India (CCI) has published the draft Competition Commission of India (Combinations) Regulations, 2023 (Draft