Section 29 of CA, 2002 : Section 29: Procedure For Investigation Of Combinations

Explanation using Example

Imagine a scenario where two major smartphone manufacturers, X-Tech and Y-Mobile, decide to merge their businesses. The Competition Commission of India (CCI) notices that this merger could potentially lead to a monopoly in the smartphone market, reducing competition and possibly leading to higher prices for consumers. Acting on this prima facie opinion, the CCI issues a notice to X-Tech and Y-Mobile under Section 29(1) of The Competition Act, 2002, asking them to explain why an investigation should not be conducted into their merger.

X-Tech and Y-Mobile submit their response, arguing that the combination will not adversely affect competition but will instead lead to technological advancements and better products. The CCI, still concerned about the potential adverse ...

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