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India’s plans to embrace and encourage innovation and digital transformation began with the 2015 Digital India initiative, focused on improved infrastructure like high-speed internet, cloud services, artificial intelligence and electronic cashless financial transactions. The number of total internet...
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The Competition Act, 2002 (“Act”) is the primary legislation for India’s modern competition law, which was enacted to ensure businesses compete fairly. Its aim is no company should abuse its dominance in the market and all market players...
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The world has seen a tremendous growth in global trade and cross border transactions since the 1980s. Such heightened business activity has also resulted in a significant rise in contractual disputes compelling parties to seek resolution through alternate...
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The Competition Act, 2002 (“Act”) is the central statute which, through various provisions, aims to curb practices that affect competition adversely. Specifically, it prohibits anti-competitive agreements (section 3), prevents abuse of dominance (section 4) and regulates combinations (sections...
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In order to engage in any M&A activity in India, the parties must be mindful of plethora of laws and policies applicable to the transaction. These include central statutes ranging from company, contract, competition, foreign exchange, labor and...
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