India seeks wider authority over global M&A with antitrust law - The Economic Times

Indias current antitrust rules allow the regulator to examine deals based on asset size and turnover of the cos involved, but the amended law will, for the first time, allow the competition commission to scrutinize transactions based on their value.

India plans to overhaul its competition law so that global technology companies will have to seek the countrys antitrust approval for many overseas mergers and acquisitions, an ambitious move by Prim… [+2459 chars]

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