Tiger Midco, Llc
Case brief
What is this about?
The Competition Commission of India approved the proposed combination wherein Tiger Midco acquired 100% shares of Tech Data, finding no appreciable adverse effect on competition in India despite potential vertical overlaps in the cloud solutions and distribution markets.
What did the court decide?
Approval of the proposed combination under Section 31(1) of the Act.
What the court decided
COMPETITION COMMISSION OF INDIA (Combination Registration No. C-2020/03/737)
30.04.2020
Notice under Section 6(2) of the Competition Act, 2002 filed by Tiger Midco, LLC
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
- On 16.03.2020, the Competition Commission of India ( Commission ) received a notice ( Notice ) under Section 6(2) of the Competition Act, 2002 ( Act ), filed by Tiger Midco LLC ( Tiger Midco / Acquirer ). The Notice has been filed pursuant to Agreement and Plan of Merger ( Agreement ) executed between Acquirer, Tiger Merger Sub Co ( Merger Sub ) and Tech Data Corporation ( Tech Data / Target ) on 12.11.2019. Hereinafter, Tiger Midco and Tech Data will be collectively referred to as “ Parties ”.
- The proposed combination relates to acquisition of 100% shares and control of Tech Data by Tiger Midco ( Proposed Combination ).
Issues for consideration
2 issues framed by the court
Whether the proposed acquisition of Tech Data by Tiger Midco is likely to have any appreciable adverse effect on competition in India.
Whether to approve or reject the proposed combination under Section 31 of the Competition Act, 2002.
Parties & counsel
- applicant
Tiger Midco, LLC
- respondent
Tech Data Corporation
Coram
Ashok Kumar Gupta
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court