https://www.taxtmi.com/caselaws?id=258140 The Competition Commission of India approved the proposed acquisition of 50% equity share capital of Trent Hypermarket Limited by Tesco Overseas Investments Limited under Section 31(1) of the Competition Act, 2002. The Commission determined that the combination was unlikely to have an appreciable adverse effect on competition in the Indian retail market, given the limited presence of Trent Hypermarket and the absence of Tesco's retail operations in India. The approval was contingent upon compliance with all legal and statutory obligations, with the possibility of revocation if any submitted information was found to be incorrect. en-us Thu, 22 May 2014 00:00:00 +0530 Wed, 01 Apr 2015 08:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258140 The Competition Commission of India approved the proposed acquisition of 50% equity share capital of Trent Hypermarket Limited by Tesco Overseas Investments Limited under Section 31(1) of the Competition Act, 2002. The Commission determined that the combination was unlikely to have an appreciable adverse effect on competition in the Indian retail market, given the limited presence of Trent Hypermarket and the absence of Tesco's retail operations in India. The approval was contingent upon compliance with all legal and statutory obligations, with the possibility of revocation if any submitted information was found to be incorrect. Case-Laws Law of Competition Thu, 22 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258140