Lanxess Deutschland GmbH and Aramco Overseas Company B.V. (Aoc)
Case brief
What is this about?
The Competition Commission of India considered a notice regarding a proposed 50:50 joint venture between Lanxess and Aramco Overseas Company B.V. in the synthetic rubber business. The Commission held that the combination was not likely to cause an appreciable adverse effect on competition.
What did the court decide?
The Commission approved the proposed combination.
What the court decided
Fair Competition For Greater Good
COMPETITION COMMISSION OF INDIA
(Combination Registration No. C-2015/10/332)
8th December, 2015
Notice u/s 6 (2) of the Competition Act, 2002 (‘Act’) given by:
- LANXESS Deutschland gmbH and
- Aramco Overseas Company B.V.
CORAM:
Mr. Ashok Chawla Chairperson
Mr. S. L. Bunker Member
Mr. Sudhir Mital Member
Mr. Augustine Peter Member
Mr. U. C. Nahta Member Mr. M. S. Sahoo Member
Issues for consideration
1 issue framed by the court
Whether the proposed 50:50 joint venture between Lanxess and AOC is likely to have an appreciable adverse effect on competition in India.
Parties & counsel
- applicant
Lanxess Deutschland gmbH and Aramco Overseas Company B.V.
Coram
Mr. Ashok Chawla
Mr. S. L. Bunker
Mr. Sudhir Mital
Case details
As recorded by the court registry
- Court
- CCI
- Decided on
- · December
- Case no.
- C-2015/10/332
- Topic
- Landlord and Tenant
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