IFLR / Flawed Indian competition law will harm M&A
Flawed Indian competition law will harm M&A
Author: Rachel Evans | Published: 9 Jun 2009
Despite concerns that India’s competition law could inhibit M&A and discourage foreign investment, the government announced this week that it would be implemented within 100 days.
“Regulation of combinations will change the nature of all M&A in India,” said Kirtee Kapoor of Davis Polk & Wardwell. “In particular, the control threshold is expansive, so many transactions will be caught, and the review period is inordinately long.”
On Monday, Salman...
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