Developments in Competition Law during February 2022
In the month of February 2022, the Competition Commission of India penalised the tyre companies for indulging in cartelisation and passed several notable orders including:
- penalising signage companies and their office bearers for indulging in bid rigging cartel;
- finding the dumper truck union and its members guilty for indulging in anti-competitive practices;
- approving the acquisition of majority shareholding of Forbes Enviro Solutions group by Advent International;
- approving the acquisition of sole control of Global Content Alpha Partners by Baring group;
- approving the acquisition of at least 40% shareholding of Stirling and Wilson Renewable Energy by Reliance group; and
- approving the acquisition of minority shareholding of Busybees Logistics by ChrysCapital, Anchor Partners and Sage Investment under Green Channel.
For further details, please refer to the below document.
This Newsletter has been prepared by the JSA Competition Law Team.
For further details, please contact [email protected]
