Exemption of Vessel Sharing Agreements from competition prohibition, subject to shipping directorate monitoring and filing requirements.
The Central Government grants a one year exemption of Vessel Sharing Agreements in the liner shipping industry from the Competition Act prohibition for carriers of all nationalities operating from any Indian port. During the period the shipping directorate will monitor such agreements; persons responsible for ship operations in India must file copies of existing and new VSAs and related documents with the directorate within thirty days of publication or within ten days of signing, whichever is later.

Exemption for limited incremental share acquisitions clarifies when minority stake increases fall outside combination filings.
The Regulations amend Schedule I to exempt specific transactions from combination review: limited incremental share acquisitions by an acquirer or its group that do not result in sole or joint control; routine acquisitions of current assets in the ordinary course of business; intra group transfers of shares or assets except where the acquired enterprise is jointly controlled by non group parties; and mergers or amalgamations within group structures or between enterprises with majority ownership links, provided no transfer from joint to sole control occurs.

Competition law exemption for government notified banking companies allows temporary relief from cartel and abuse prohibitions.
A statutory notification under section 54(a) of the Competition Act, 2002 exempts banking companies notified under section 45 of the Banking Regulation Act, 1949 from the application of sections 5 and 6 of the Competition Act in the public interest for a limited period from the date of publication, removing those banks from scrutiny under the prohibitions on anti competitive agreements and abuse of dominant position during that period.