INDIA Trends and Developments Contributed by: Vaibhav Choukse, Ela Bali, Aditi Khanna and Faiz Siddiqui, JSA
Conclusion India’s merger control regime has matured considera - bly since its inception in 2011. The 2024 amendments signal a regulatory architecture increasingly aligned with global best practices. The CCI’s willingness to engage in purposive, rather than purely literal, inter - pretation reflects an institution evolving beyond pro - cedural formalism towards a more nuanced, commer - cially aware adjudicatory approach. The conditional approvals underscore a growing sophistication in the CCI’s remedial toolkit, calibrated to address competi - tive harm without unduly impeding deal flow. For deal makers and advisers, the message is clear: early, careful engagement with India’s merger control framework is a strategic imperative. As the CCI con - tinues to sharpen its analytical tools and sustain its enforcement appetite, rigorous planning will increas - ingly differentiate successful deal execution in India.
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