Jointly by Trafigura Pte. Ltd., Singapore and Polycab Wires Private Ltd., New Delhi, India
Case brief
What is this about?
The Competition Commission of India approved a greenfield joint venture between Trafigura and Polycab for copper rod manufacturing under Section 31(1), finding no appreciable adverse effect on competition.
What did the court decide?
The proposed combination was approved under Section 31(1) of the Competition Act, 2002.