Zomato Limited
Case brief
What is this about?
The Competition Commission of India approved Zomato Limited's proposed acquisition of stakes in Grofers Group entities via a combination registration notice filed under Section 6(2) of the Competition Act, 2002.
What did the court decide?
The Commission approved the Proposed Combination under Section 31(1) of the Act.
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-2021/06/847)
13th August 2021
Notice under Section 6 (2) of the Competition Act, 2002 filed by Zomato 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
- On 29th June 2021, the Competition Commission of India ( Commission ) received a notice under Section 6(2) of the Competition Act, 2002 ( Act ) given by Zomato Limited ( Zomato/Acquirer ). The notice has been filed pursuant to, inter alia , the (i) Share Subscription Agreement executed between Zomato and Grofers India Private Limited ( Grofers India ) and Grofers International Pte Ltd ( Grofers International ) dated 28th June 2021 and the (ii) Share Subscription Agreement between Zomato and Hands on Trades Private Limited ( HoT ) dated 28th June 2021.
Issues for consideration
1 issue framed by the court
Whether the proposed acquisition by Zomato Limited of a stake in Grofers entities and board rights is likely to cause an appreciable adverse effect on competition in India.
Parties & counsel
- petitioner
Competition Commission of India
- applicant
Zomato Limited
Coram
Ashok Kumar Gupta
Case details
As recorded by the court registry
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