Alibaba.Com Singapore E-Commerce Private Limited, Singapore
Case brief
What is this about?
The Competition Commission of India received a notice regarding the proposed acquisition by Alibaba Singapore of a 25% stake in SGS. After reviewing the details and assessing market presence in online retail and digital payments, the Commission found the parties' presence insignificant. Consequently, it approved the combination under Section 31(1) of the Competition Act, 2002.
What did the court decide?
The proposed combination was approved under subsection (1) of Section 31 of the Competition Act, 2002.
What the court decided
COMPETITION COMMISSION OF INDIA (Combination Registration No. C-2017/11/534)
Fair Competition For Greater Good
11th December, 2017
Notice under Section 6 (2) of the Competition Act, 2002 filed by Alibaba.com Singapore E- commerce Private Limited
CORAM:
Mr. Devender Kumar Sikri Chairperson
Mr. S.L.Bunker Member
Mr. Sudhir Mital Member
Mr. Augustine Peter Member Mr. U.C. Nahta Member
Mr. G.P. Mittal Member
Legal Representative: Trilegal
Order under Section 31(1) of the Competition Act, 2002
Issues for consideration
2 issues framed by the court
Whether the proposed combination of Alibaba Singapore and SGS is likely to have any appreciable adverse effect on competition in relevant markets in India.
Whether the present combination raises competition concerns in the e-commerce and digital payments sectors.
Parties & counsel
- petitioner
COMPETITION COMMISSION OF INDIA
- other
Alibaba.com Singapore E- commerce Private Limited
- other
Super Market Grocery Supplies Private Ltd
Coram
Case details
As recorded by the court registry
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