Insights
Draft Rules relating to Combinations released for Public Comments
March 20, 2024The Competition (Amendment) Act, 2023 consolidated a number of exemptions from the mandatory requirement to notify combinations that the Competition Commission of India (CCI) had brought in for ease of doing business. In order to set out the details of these exemptions, the Ministry of Corporate Affairs has released three draft rules (together referred as the Draft Rules) for public comments:
- Draft Competition Commission of India (Green Channel) Rules, 2024;
- Draft Competition Commission of India (De Minimis) Rules, 2024; and
- Draft Competition Commission of India (Exempted Combinations) Rules, 2024.
The Draft Rules are open for public comments until 10 April 2024. We set out a brief summary of the key changes proposed by the Draft Rules.
