| Type | Invited lecture |
| Event | Personal Contact Programme |
| Organized by | Institute of Chartered Accountants of India (ICAI) |
| Location | New Delhi, India |
| Date | August 14, 2007 |
| Slides | Download the presentation (PDF) |
An invited lecture delivered under the Personal Contact Programme of the Institute of Chartered Accountants of India, New Delhi (August 14, 2007).
In short: How India’s competition policy evolved from controlling monopolies to actively promoting competition — and how mergers and acquisitions are assessed within that framework.
About the lecture
This lecture for chartered-accountancy professionals gave a practical overview of India’s competition policy and how it treats mergers and acquisitions. It moved from the basics of market competition through the evolution of India’s policy to the analytical framework used to judge whether a given merger helps or harms competition.
What the lecture covered
- Competition fundamentals — what market competition is, why identifying the relevant market matters, and the benefits of competitive markets.
- India’s policy evolution — the shift from the MRTP Act (1969) to the Competition Act (2002), moving from controlling monopolies toward preventing anti-competitive practices and regulating combinations.
- An M&A analysis framework — the types of mergers (horizontal, vertical, conglomerate), their differing competition implications, and measurement tools such as the Herfindahl-Hirschman Index (HHI).
- Implementation challenges — high thresholds for scrutiny, cross-border issues, jurisdictional overlaps between regulators, and the need for better data and monitoring.
Get the slides
The full presentation is available as a PDF:
⇩ Download the presentation (PDF)