Molecule v Market: Rethinking ATC-4 Classification in Indian Pharmaceutical Merger
Introduction On 6 July 2026, the National Company Law Tribunal ('NCLT'), Ahmedabad Bench sanctioned the amalgamation of J.B. Chemicals & Pharmaceuticals Limited into Torrent Pharmaceuticals Limited. The scheme finally came into effect on the day of the winding up of J.B. Chemicals, which was two days later, and its brands, plants and distribution network became instantly part of Torrent, turning it into one of the largest branded pharmaceutical businesses in India. The NCLT o
Pramitee Singh & Akshat Jain
Aug 21
Quorum and Coram Requirements in the Competition Act: A Redrafting of Section 22
Introduction In 2023, the Competition Commission of India (‘CCI’ or ‘the Commission’) found itself in an unprecedented situation . With only an Acting Chairperson and a Member, the Commission faced a backlog of pending merger approvals. This led to the invocation of the doctrine of necessity in order to examine and approve combination agreements, i.e, mergers and acquisitions. Normally, an M&A approval, being an administrative function, requires a quorum of three members, a
Aashi Sharma & Shreya Pachori
Oct 31, 2025
Strings Attached: Spotify’s Abuse of Dominance in the Music-Streaming Market
‘Competition is as essential to labour as division... It is necessary... for the advent of equality.’ - Karl Marx, Chapter 3, The Poverty...
Akhil Joseph Mathew and Raghav Arora
Nov 5, 2024
Draft E-Commerce Policy, 2018 : Anti-Competitive Effects of the E-Commerce Market
Introduction Due to the increase in the number of players in the e-tail market, there has been a tremendous upsurge in demands being placed digitally which has led to the downfall in the business of brick and mortar stores. India despite being a hub of manufacturing zone is not able to run its e-commerce business independently, rather it has succumbed to these foreign players ruling the electronic market by offering their products at prices reflected to be at great discounts.
Sakshi Agarwal
Apr 3, 2019