India’s competition law, governed by the Competition Act of 2002 primarily addresses three areas: anti-competitive agreements, abuse of dominant position, and mergers and acquisitions that could have adverse effects on competition. Recent years have seen significant amendments to refine these laws, making them more aligned with global standards.The Competition Commission of India (CCI) is the key regulatory body responsible for enforcing these laws.
One of the focal points of India’s competition policy is the digital economy. The CCI is increasingly vigilant about practices in digital markets, particularly regarding big tech companies and e-commerce platforms. This includes scrutinizing data usage, market dominance, and potential anti-competitive behaviors.
India’s competition law, governed by the Competition Act of 2002 primarily addresses three areas: anti-competitive agreements, abuse of dominant position, and mergers and acquisitions that could have adverse effects on competition. Recent years have seen significant amendments to refine these laws, making them more aligned with global standards.The Competition Commission of India (CCI) is the key regulatory body responsible for enforcing these laws.
One of the focal points of India’s competition policy is the digital economy. The CCI is increasingly vigilant about practices in digital markets, particularly regarding big tech companies and e-commerce platforms. This includes scrutinizing data usage, market dominance, and potential anti-competitive behaviors.
In response to evolving market dynamics, the CCI has also been active in advocacy and capacity building, promoting a culture of compliance among businesses. The Commission conducts market studies to understand industry-specific challenges and formulates policies accordingly.
ELP houses one of India’s leading Competition Law & Policy practices. We have been closely involved in the evolution and continuing growth of jurisprudence under India’s new competition regime and have actively collaborated with the Competition Commission of India (CCI) on various advocacy and regulatory initiatives.
We offer comprehensive advice on various competition law matters, including merger control, anti-competitive agreements, cartel enforcement, abuse of dominance, competition advisory, competition audit, and compliance. Our integrated litigation and regulatory practices, which work together seamlessly, gives us and our clients an edge in contentious work. The team regularly acts for complainants and for defendants in various conduct/ behavioural inquiries before the CCI and the National Company Law Appellate Tribunal (NCLAT).
ELP houses one of India’s leading Competition Law & Policy practices. We have been closely involved in the evolution and continuing growth of jurisprudence under India’s new competition regime and have actively collaborated with the Competition Commission of India (CCI) on various advocacy and regulatory initiatives.
We offer comprehensive advice on various competition law matters, including merger control, anti-competitive agreements, cartel enforcement, abuse of dominance, competition advisory, competition audit, and compliance. Our integrated litigation and regulatory practices, which work together seamlessly, gives us and our clients an edge in contentious work. The team regularly acts for complainants and for defendants in various conduct/ behavioural inquiries before the CCI and the National Company Law Appellate Tribunal (NCLAT).
The team has successfully represented the CCI between 2009 and 2011 before various courts in India and played a vital role in developing the jurisprudence that currently governs the operation of competition law in India today.
ELP was also part of the “Law Firm Working Group” formed by the Ministry of Corporate Affairs to give a final shape to the merger regulations of the country. Moreover, we have partnered with the Department for International Development to revise competition and consumer laws in the Islamic Republic of Afghanistan, which showcases our global reach and expertise.
Our distinguished team of experienced lawyers and economists caters to clientele across a diverse range of sectors such as information technology, pharmaceuticals, fibre, cement sheets, ports, power, steel, manufacturing, agri commodities, food & beverages, automotive components, natural gas industry, and sports.
The Competition Act, 2002 (the Competition Act) empowers the CCI to scrutinize agreements – both horizontal and vertical, to see whether they result in an appreciable adverse effect on competition in the relevant market in India. Our team advises domestic and international companies across multiple sectors, ensuring compliance with the provisions of the Competition Act. We evaluate the compatibility of supply and distribution agreements, exclusive arrangements, joint ventures, and investigate cartel-related matters.
Preventing abuse of dominant position appears to be one of the key focus areas of the CCI’s enforcement policy. ELP’s Competition Law & Policy team has handled the first abuse of dominance case in India, on behalf of the complainant, where the CCI found in favour of the complainant. Our team continues to represent various enterprises for alleged abuse of dominance claim before the CCI, COMPAT and the Supreme Court of India. Additionally, the team has also advised several domestic and foreign firms with significant market power in designing their pricing and discount programs with clients ranging from sectors including information technology, polymer and automotive components.
Our team assists clients across a varied range of services from end to end of a transaction, which entails identifying competition law issues at the due diligence stage, determining application of merger control provisions in the earlier stages and preparing merger filings for it to be filed with the CCI at the start of the trigger to save timelines and get expedited approvals.
We assist with:
Our group has worked closely with domestic and multinational enterprises and international law firms to provide advice on various aspects of the merger control regulations. Members of the team have also worked on various merger notifications, including some complex Form II merger notifications filed with the CCI.
With the threat of heavy fines and wide powers of search and seizure enjoyed by the CCI, large corporations are increasingly wary of potential cartel investigations. Our team has represented clients in the most high-profile cartel investigations initiated by the CCI in cases dealing with anti-competitive horizontal agreements and cartels. The team also provides proactive advice to clients on potential cartel investigations and provides solution-oriented advice on steps to be taken to avoid scrutiny by the CCI. Additionally, we have also advised clients on filing ‘information’ before the CCI on cartelization as part of a broader leniency strategy and is representing various entities in pending cartel investigations before the CCI and COMPAT.
Articles 6th May 2024
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READ MORERepresented the Organization of Pharmaceutical Producers of India on allegations of anti-competitive practices on the All India Organization of Chemists...
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Represented Google International LLC in relation to its acquisition of a stake in Jio Platforms Limited. The transaction, which is...
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Advised and represented E.I. du pont before the CCI in relation to the global acquisition of the chloroprene rubber business...
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Represented Transworld Holding Limited on its acquisition by Unifeeder ISC FZCO.
Representing a global technology company in some of the most contentious abuse of dominance cases before the CCI.
Represented an association of poultry farmers in an ongoing investigation related to allegations of price fixing/ anticompetitive practices.
A client hails the team as being “thoroughbred” and notes their attention to detail and sound advice: “One of their strengths is their willingness to comprehensively understand the industry nuances before suggesting any solution, and another is their attention to case details so as to avoid lapses, omissions or unintended admissions.”
Chambers Asia PacificEconomic Laws Practice has subject matter expertise and provides a solution-based approach. They are proactive.
Chambers Asia PacificTheir team is extremely competent and organised, working with us to identify issues to be analysed.
Chambers Asia PacificEconomic Laws Practice has subject matter expertise and provides a solution-based approach. They are proactive.
Chambers Asia PacificTheir team is extremely competent and organised, working with us to identify issues to be analysed.
Chambers Asia PacificThey apply a practical approach and consider the business facts, which helps bring a logical conclusion. They invest good time to understand the business and industry before starting their work.
Chambers Asia Pacific