Sabic International Holdings B.V.
Case brief
What is this about?
The Competition Commission of India examined a notice regarding the proposed acquisition of additional shares in Clariant AG by SABIC International Holdings B.V. The Commission analyzed market share overlaps and vertical relationships, concluding the combination would not cause appreciable adverse effect on competition and approved it.
What did the court decide?
Proposed Combination approved under Section 31(1) of the Competition Act, 2002.
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.
COMPETITION COMMISSION OF INDIA
(Combination Registration No. C-2020/05/746)
2nd September, 2020
Notice under Section 6 (2) of the Competition Act, 2002 filed by SABIC International Holdings B.V.
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 29th May, 2020, the Competition Commission of India (“ Commission ”) received a notice under Section 6(2) of the Competition Act, 2002 (“ Act ”), filed by SABIC International Holdings B.V. (“ SABIC BV/Acquirer ”). The notice was filed pursuant to the Board Resolution executed on 13th January, 2020 by the Acquirer. The proposed combination relates to the acquisition of additional 6.51% shareholding in Clariant AG (“ Clariant/Target ”) by the Acquirer (“ Proposed Combination ”). [Hereinafter, Acquirer and Target are collectively referred to as “ Parties ” ]
Issues for consideration
2 issues framed by the court
Whether the proposed acquisition of 6.51% shareholding in Clariant AG by SABIC International Holdings B.V. would cause an appreciable adverse effect on competition in India.
Whether the proposed Combination requires approval under the Competition Act, 2002.
Parties & counsel
- other
Competition Commission of India
- applicant
SABIC International Holdings B.V.
Coram
Ashok Kumar Gupta
Case details
As recorded by the court registry
All orders in this case
2 orders share this CNR
- Order 1 — this page
- Order 2
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