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The latest combination regulations have transformed the current merger landscape in India, bringing within their purview a deal value threshold and criteria for substantial business operations in India in what experts have termed the “single largest overhaul of the Indian merger control regime.”
While the amendments usher in some welcome changes for the industry, including shorter timelines for the assessment of combinations and the availability of hearings before the Competition Commission of India (CCI) upon request during the merger review process, many experts believe it may pose a hurdle for ongoing deals and increase the workload of