India's Competition Act (2002) was amended in 2007, modifying inter alia the Act's thresholds for merger review, and requiring mandatory rather than voluntary notification of mergers above the revised thresholds. This created considerable opposition in international business and legal circles....

Insider trading activity is investigated prior to merger announcement in Indian capital market. An attempt is made to check it out whether trading take place on the basis of asymmetric and private information. For examining the behaviour of stock prices a modified market model is used to...

Given the dynamic nature of the web search engine market, it is clear that a player’s dominance depends on its innovation activity relative to others. Manish Agarwal & David Round (Univ. of South Australia)

The criminalization of serious cartel conduct faces many practical and operational challenges, and no doubt the first criminal case will be strongly opposed. A crucial early task is to identify the bright line between cartel conduct that is criminal and that which is not.

Recent empirical research shows that industry and regulatory shocks play a key role in determining merger activity in developed countries. We use this framework to analyze merger activity in India, using a comprehensive database spanning a thirty-year period from 1973-74 to 2002-3. At the...

Recent empirical research shows that industry and regulatory shocks play a key role in determining merger activity in developed countries. We use this framework to analyze merger activity in India, using a comprehensive database spanning a thirty-year period, from 1973-74 to 2002-3. At the...