Developments in Competition Law during July 2022
In the month of July, the Competition Commission of India found several trailer owners associations guilty of indulging in cartelisation. Further, it dismissed cases against Parle and Chemist & Druggist Association for indulging in alleged anti-competitive practices and penalised SABIC for gun jumping. It also approved several combinations including:
- acquisition of joint control of Citrix by Vista and Elliott
- acquisition of minority shareholding of IIFLWM by Bain and CPPIB
- acquisition of sole control of global biosimilar business of Viatris by Biocon
- acquisition of majority shareholding of SMW Ispat by OFB
- merger of CTPL into Biocon Biologics
For further details, please refer to the below document.
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