Jointly by Tdk Corporation, Japan and Toshiba Corporation, Japan
Case brief
What is this about?
The Competition Commission of India approved a proposed joint venture between TDK Corporation and Toshiba Corporation to establish TDK Automotive Technologies Corporation, engaged in manufacturing automotive inverters for hybrid and electric vehicles, finding no appreciable adverse effect on competition.
What did the court decide?
The proposed combination was approved under sub-section (1) of Section 31 of the Competition Act, 2002.
What the court decided
Fair Competition For Greater Good
COMPETITION COMMISSION OF INDIA (Combination Registration No.C-2016/09/437)
13th December, 2016
Notice under Section 6(2) of the Competition Act, 2002 filed by TDK Corporation and Toshiba Corporation
CORAM:
Mr. Devender Kumar Sikri
Chairperson
Mr. S. L. Bunker
Member
Sudhir Mital
Member
Mr. Augustine Peter Member
Mr. U. C. Nahta
Issues for consideration
1 issue framed by the court
Whether the proposed joint venture between TDK and Toshiba requires approval under the Competition Act, 2002.
Parties & counsel
- applicant
TDK Corporation
- applicant
Toshiba Corporation
- respondent
Triveni Engineering Industries
- respondent
Tower Semiconductor
Coram
Case details
As recorded by the court registry
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