India’s Competition Amendment Bill targets delays in merger and acquisition approvals by pushing stricter, faster review timelines. Backers argue the updated approach is needed for today’s fast-moving markets, while companies may face tighter procedural deadlines for regulatory clearance. The bill’s changes aim to reduce waiting periods and accelerate decisions on M&A transactions.
India’s Competition Commission of India has dismissed a complaint targeting Adani Group entities and others in connection with a Solar Energy Corporation of India tender. The CCI said there was no initial evidence of anti-competitive practices and noted the Adani Group does not appear to hold dominance in the power generation market, effectively ending the probe at the preliminary stage.
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Turkey’s competition authority has opened an investigation into Spotify, focusing on whether the music-streaming platform favors specific rights holders through its algorithms. Regulators will also examine whether Spotify’s subscription pricing in Turkey may unfairly restrict competitors and rights holders, potentially raising antitrust concerns.
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