Havells India Limited, New Delhi, India
Case brief
What is this about?
The Competition Commission of India approved a combination where Havells India Limited acquires the consumer durables business of Lloyd Electric and Engineering Limited and the Lloyd brand from Fedders Lloyd. The Commission found no significant competition concerns despite product overlaps due to existing market players.
What did the court decide?
The proposed combination is approved under subsection (1) of Section 31 of the Act.
What the court decided
A compact analysis
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
Fair Competition For Greater Good
COMPETITION COMMISSION OF INDIA (Combination Registration No. C-2017/03/490)
30th March, 2017
Notice under Section 6 (2) of the Competition Act, 2002 given by Havells India Limited.
CORAM:
Mr. Devender Kumar Sikri Chairperson
Mr. Augustine Peter Member
Mr. U.C. Nahta Member
Legal Representative: AZB & Partners.
Order under Section 31(1) of the Competition Act, 2002
- On 1st March, 2017, the Competition Commission of India (hereinafter referred to as the “ Commission ”) received a notice filed by Havells India Limited (“ HIL ”) pursuant to Transaction Agreement dated 18th February, 2017 entered into between Lloyd Electric and Engineering Limited (“ LEEL ”) , Fedders Lloyd Corporation Limited (“ FLCL ”) and HIL. (Hereinafter HIL, LEEL, and FLCL are collectively referred to as “Parties” )
Issues for consideration
1 issue framed by the court
Whether the proposed combination between Havells India Limited, Lloyd Electric and Engineering Limited and Fedders Lloyd Corporation Limited is likely to have an appreciable adverse effect on competit
Parties & counsel
- applicant
Competition Commission of India
- applicant
Havells India Limited
- applicant
Lloyd Electric and Engineering Limited
- applicant
Fedders Lloyd Corporation Limited
Coram
Case details
As recorded by the court registry
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