Nidec Corporation, Japan
Case brief
What is this about?
The Competition Commission of India approved the proposed acquisition by Nidec Corporation of Emerson Electric Co.'s motors and drives businesses. The Commission found that the combination was unlikely to cause an appreciable adverse effect on competition in India based on market share analysis and the nature of the overlap.
What did the court decide?
The proposed combination is approved subject to the proviso that the order shall be revoked if information provided is found to be incorrect.
What the court decided
COMPETITION COMMISSION OF INDIA
(Combination Registration No. C-2016/09/427)
Fair Competition For Greater Good
07.12.2016
Notice u/s 6 (2) of the Competition Act, 2002 given by Nidec Corporation
CORAM:
Mr. Devender Kumar Sikri Chairperson
Mr. Sudhir Mital Member
Mr. Augustine Peter Member Mr. U. C. Nahta Member
Mr. G. P. Mittal
Member
Legal Representatives of the parties: M/s Shardul Amarchand Mangaldas
Order under sub-section (1) of Section 31 of the Act
Issues for consideration
2 issues framed by the court
Whether the proposed acquisition by Nidec of Emerson's motor businesses would cause an appreciable adverse effect on competition in India.
Whether the vertical relationship between Nidec and Emerson in India is significant enough to raise competition concerns.
Parties & counsel
- applicant
Nidec Corporation
- other
Emerson Electric Co.
Coram
Devender Kumar Sikri
Case details
As recorded by the court registry
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