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of <h1>India's Competition Commission Amends Regulations: New Rules for Share Acquisitions and Business Combinations under Competition Act, 2002.</h1> The Competition Commission of India issued the 2013 Amendment Regulations to modify the 2011 regulations concerning business combinations under the Competition Act, 2002. Key amendments include the introduction of a new category for acquisitions of additional shares or voting rights not exceeding 5% in a financial year, provided the acquirer already holds 25% or more but less than 50% of shares or voting rights. Changes were also made to categories involving acquisitions of current assets, intra-group acquisitions, and mergers or amalgamations where one enterprise holds over 50% of another. These amendments aim to refine the regulatory framework governing business combinations.
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