CCI approves the combination of Linde Aktiengesellschaft and Praxair, Inc. under Section 31(7) of the Competition Act, 2002, subject to modifications/remedies to address the Anti-competitive effects resulting from the said combination. https://www.taxtmi.com/news?id=20531 Approval under Section 31(7) of the Competition Act, 2002 was given for the combination of Linde and Praxair subject to divestments: Linde India's shareholding in Belloxy; Praxair's three on site East Region plants and two cylinder filling stations; and Linde's JSW 2 on site plant and two cylinder filling stations in the South. These assets must be sold to independent entity(ies) meeting Commission parameters to eliminate regional overlap and establish or strengthen independent competitors in industrial gases markets. en-us Tue, 18 Sep 2018 18:41:33 +0530 Tue, 18 Sep 2018 18:41:33 +0530 TaxTMI RSS Generator CCI approves the combination of Linde Aktiengesellschaft and Praxair, Inc. under Section 31(7) of the Competition Act, 2002, subject to modifications/remedies to address the Anti-competitive effects resulting from the said combination. https://www.taxtmi.com/news?id=20531 Approval under Section 31(7) of the Competition Act, 2002 was given for the combination of Linde and Praxair subject to divestments: Linde India's shareholding in Belloxy; Praxair's three on site East Region plants and two cylinder filling stations; and Linde's JSW 2 on site plant and two cylinder filling stations in the South. These assets must be sold to independent entity(ies) meeting Commission parameters to eliminate regional overlap and establish or strengthen independent competitors in industrial gases markets. News - Tue, 18 Sep 2018 18:41:33 +0530 https://www.taxtmi.com/news?id=20531