Competition Law – May 2022

Developments in Competition Law during May 2022

In a major development, the National Company Law Appellate Tribunal upheld the order of the Competition Commission of India (CCI) against Amazon for gun-jumping and suppression of material facts in relation to the Future Coupon deal. Further, the CCI penalized Veolia S.A and Allcargo Logistics for gun-jumping and dismissed a case against Nandal Finance and JPM Industries for alleged bid-rigging. It also approved several combinations including:

  • acquisition of minority shareholding of Xpressbees by the TPG Group
  • acquisition of L&T Investment Management by HSBC Asset Management
  • acquisition of additional shareholding of Future Generali by the Generali Group
  • acquisition of joint control of athenahealth Group Inc. by H&F, Bain and GIC
  • acquisition of additional shareholding of Escorts by Kubota

 

For further details, please refer to the below document.



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This Newsletter has been prepared by the JSA Competition Law Team.

For further details, please contact [email protected]

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