The Competition Commission approved a proposed combination involving the acquisition of Apollo Munich by HDFC and its merger into HDFC ERGO. The Commission found no appreciable adverse effect on competition.
The Proposed Combination was approved under Section 31(1) of the Act.
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.
COMPETITION COMMISSION OF INDIA (Combination Registration No. C-2019/07/671)
20th August, 2019
Notice under Section 6(2) of the Competition Act, 2002 jointly filed by Housing Development Finance Corporation Limited, HDFC ERGO General Insurance Company Limited and Apollo Munich Health Insurance Company Limited
CORAM:
Mr. Ashok Kumar Gupta Chairperson Ms. Sangeeta Verma Member Mr. Bhagwant Singh Bishnoi Member
Order under Section 31(1) of the Competition Act, 2002
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Combination Registration No. C-2019/07/671
relating to combinations) Regulations, 2011, directed the Parties to remove defects in the Notice and furnish certain information. Parties filed their reply on 29th July, 2019.
1 Apollo Hospitals Enterprise Limited, Ms. Suneeta Reddy, Ms. Sangita Reddy, Ms. Shobana Kamineni, Ms. Preetha Reddy and Ms. Sucharitha Reddy
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Combination Registration No. C-2019/07/671
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Combination Registration No. C-2019/07/671
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1 issue framed by the court
Whether the proposed acquisition of Apollo Munich by HDFC and its subsequent merger with HDFC ERGO would result in any appreciable adverse effect on competition in India.
3 provisions across 1 enactments
Competition Commission of India
HDFC ERGO General Insurance Company Limited
Ashok Kumar Gupta
Sangeeta Verma
Bhagwant Singh Bishnoi
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
