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Gun-jumping cases to reduce significantly, India antitrust chief says

By Freny Patel ( December 26, 2023, 03:43 GMT | Insight) -- Amendments to India's Competition Act passed in April this year will "significantly decrease instances of gun-jumping," the head of the antitrust watchdog said, after fines were imposed in several cases where parties failed to notify proposed mergers to the Competition Commission of India. In an exclusive interview with MLex, Ravneet Kaur discussed how the amendments are major steps towards "ease of doing business." Amendments to India's Competition Act passed in April this year will "significantly decrease instances of gun-jumping," the head of the antitrust watchdog said, after fines were imposed in several cases where parties failed to notify proposed mergers to the Competition Commission of India, or CCI (see here)....

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