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Avoid 'straitjacket' definitions of company control, top Indian antitrust official warns

By Freny Patel ( December 7, 2020, 02:17 GMT | Insight) -- The definition of what constitutes control of a company can be fraught and a regulator should avoid adopting a “straightjacket” formula, a top Indian competition official told a conference at the weekend. Bhagwant Singh Bishnoi, a member of the Competition Commission of India, said that what constitutes control "really boils down to the substance of the transaction." The definition of what constitutes control of a company can be fraught and a regulator should avoid adopting a “straightjacket” formula, a top Indian competition official told a conference at the weekend.* ...

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