Sunday, January 15, 2012

COMPETITION REGULATOR TO SCREEN BIG JVs TOO

The ministry of Corporate Affairs (MCA) is considering two key changes in the Competition Act, 2002: One to give the Competition Commission of India (CCI) regulatory powers over big Joint Ventures (JVs) and another to include deal size as a criterion for mergers and acquisitions (M&A) to come under the commission's preview.

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