Regulations for Mega Mergers

Rajya Sabha 

The Competition Act, 2002 inter-alia provides for regulation of combinations in accordance with the provisions contained therein. However, the provisions of the Competition Act, 2002 relating to regulation of combinations, including mergers and amalgamations have not yet come into force as the same have not been notified. 

This information was given today by Shri Salman Khurshid, Minister for Corporate Affairs, in the Rajya Sabha in a written reply.

Source:PBI