Jurisdiction(s):
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September 2024 Global Merger Control Update: India Deal Value Thresholds, Worldwide Gun‑Jumping Fines, China and Denmark Procedures, UK DMCCA Timetable, US DOJ Bank Merger Guidance Withdrawal

Published by a LexisNexis Competition expert

Practice notes

India—deal value thresholds enter into force

This month, India’s deal value thresholds took effect. In 2023, we outlined major updates to India’s merger control under the Competition (Amendment) Act 2023 (Amendment Act), which reformed the Competition Act 2022. As of 10 September 2024, the Amendment Act’s merger control provisions are in force. Alongside this, the Competition Commission of India (CCI) issued the Competition Commission of India (Combinations) Regulations 2024 (Revised Combination Regulations).

A headline reform is the introduction of a deal value threshold as an additional jurisdictional trigger. The pre-existing asset/turnover thresholds remain in place. A mandatory filing is required where both of the following apply:

the transaction value exceeds IND 20bn (€223.9m/US$ 238.1m); and
the target has substantial business operations in India.

Where these criteria are met, the target-based exemption will not be available. For the purpose of calculating the transaction’s value, the CCI will consider all forms of consideration (including share swaps, non-compete fees, call options, earn outs, etc.), as well as any ancillary...

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Web page updated on 21/05/2026

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