Government Proposes Competition Law Amendment; Seeks to Tighten Rules on Antitrust Scrutiny

Government Proposes Competition Law Amendment; Seeks to Tighten Rules on Antitrust Scrutiny

The government aims to tighten rules around the scrutiny of mergers and acquisitions under proposed legislation that could particularly affect global tech firms that do a lot of business in India. The proposal is part of an overhaul of the country’s competition law in a bill that was introduced in parliament…