CCI Has A DIY Tool For Dealmakers. Is It Useful?
Will CCI’s new tool for assessing notifiability of deals make lawyers redundant?
In perhaps a first for any antitrust regulator, the Competition Commission of India has introduced a do-it-yourself tool for deal makers. Mergers, amalgamations and acquisitions above a certain threshold have to be filed with the CCI for approval. The regulator assesses transactions for any anti-competitive effects they might have on the Indian market.
To understand how useful this tool is for companies intending to do deals, Avaantika Kakkar, a competition law partner at Cyril Amarchand Mangaldas, did a step-by-step assessment of CCI’s notifiability check.
The system lacks some obvious options and parties may trip up on concepts such as ‘control’ and ‘group’ while navigating the notifiability check, Kakkar pointed out.
Watch the full conversation here: