ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Are Merger Regulations Diluting Parliamentary Intent?

Summarising the key points from the submissions made to the Competition Commission of India, this article analyses one amendment to the Competition Act that covers the threshold limits of mergers of global companies operating in India which would be covered by the Indian legislation. The proposed changes have not been received well in business and legal circles at home and abroad. Will the government then buckle under pressure from the business and legal communities, thereby diluting parliamentary intent?

The authors would like to thank Tom Ross for helpful comments on an earlier draft. This paper is an expanded and amended version of an article that appeared in Economic Times, April 8, 2008.

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