Nithyashree V, LL.B, Seshadripuram Law College, Bengaluru
There has been a notable growth in the Indian markets in the last two decades creating a dynamic shift in the manner of operation of businesses. This economic development powered by emerging business models having competition as the undercurrent is regulated by the Competition Act, 2002. Keeping these recent developments in mind, the Government of India has suggested modifications to the Act in relation to the current business trends by introducing the Competition (Amendment) Bill, 2022. This article provides an overview and analysis of the proposed Bill and also points out its effects on mergers and acquisitions happening in the digital era.
Keywords: Anti-competitive agreements- Deal value thresholds- Appeals- Director-General-Penalty