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Access to sensitive data can define corporate control, India's antitrust chief warns

By Freny Patel ( January 19, 2026, 00:24 GMT | Insight) -- The definition of “control” in India’s M&A landscape has officially moved beyond the boardroom. At a recent session on the evolving merger-control regime, Competition Commission of India's Chairperson Ravneet Kaur sent a clear message to industry that if you have access to sensitive data, you have influence over the deal. This shift towards "material influence" is a game-changer for private equity and minority investors.Control is no longer just about counting board seats when it comes to merger filings in India. If an acquirer has access to commercially sensitive information, the antitrust watchdog now views that as a statutory benchmark for "material influence."...

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