Reliance Jio Infocomm Limited, Mumbai, India
Case brief
What is this about?
The Competition Commission of India disposed of four separate notices filed by Reliance Jio Infocomm Limited for the acquisition of assets, including optical fibre networks, telecom towers, wireless spectrum, and Media Convergence Nodes, from other Reliance entities. The Commission assessed the combinations under the Competition Act, 2002, and approved them as they were not likely to have an appre
What did the court decide?
The Commission approved the four proposed combinations relating to acquisition of optical fibre, telecom towers, wireless spectrum, and MCN assets.
What the court decided
Fair Competition For Greater Good
COMPETITION COMMISSION OF INDIA
(Combination Registration Numbers: C-2018/01/550-553)
7th March, 2018
Notice(s) filed under Section 6 (2) of the Competition Act, 2002 by Reliance Jio Infocomm Limited.
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 Representative: (1) Khaitan & Co. (2) Cyril Amarchand Mangaldas
Order under Section 31(1) of the Competition Act, 2002
- This single order shall dispose four separate notices filed by Reliance Jio Infocomm Limited (“RJIO”/ “Acquirer”) on 24th January, 2018 with the Competition Commission of India (hereinafter, referred to as the “ Commission ”). The notices have been filed by the Acquirer pursuant to execution of Master Agreement (“ MA ”) dated 28th December, 2017,
Issues for consideration
3 issues framed by the court
Whether four proposed combinations by RJIO for acquisition of optical fibre, telecom towers, wireless spectrum, and MCN assets from RCOM entities are likely to result in appreciable adverse effect on
Whether the spectrum holding of the acquirer post-combination, when examined against other telecom service providers in relevant markets, falls within prescribed caps and does not raise competition co
Whether the proposed acquisitions qualify for approval under the Competition Act given their independence and lack of likely adverse effect on competition.
Parties & counsel
- applicant
Reliance Jio Infocomm Limited
Coram
Devender Kumar Sikri
Sudhir Mital
Augustine Peter
Case details
As recorded by the court registry
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