Mitsui & Co., Ltd.
Case brief
What is this about?
The Competition Commission of India approved an application for acquisition of 25.01% equity in Sneha Farms Private Limited by Mitsui & Co., Ltd. The Commission found no appreciable adverse effect on competition after analyzing market shares in fish feed and feed segments.
What did the court decide?
Approval granted for the proposed acquisition combination under Section 31(1) of the Competition Act, 2002.
What the court decided
COMPETITION COMMISSION OF INDIA
Combination Registration No. C-2024/05/1150
25th June 2024
Notice under Section 6(2) of the Competition Act, 2002 given by Mitsui & Co., Ltd.
CORAM:
Ms. Ravneet Kaur Chairperson
Mr. Anil Agrawal Member
Ms. Sweta Kakkad Member
Mr. Deepak Anurag Member
Order under Section 31(1) of the Competition Act, 2002
- On 17th May 2024, the Competition Commission of India ( Commission ) received a notice ( Notice ) under Section 6(2) of the Competition Act, 2002 ( Act ), given by Mitsui & Co., Ltd. ( Mitsui/Acquirer ).
Issues for consideration
2 issues framed by the court
Whether the proposed acquisition of 25.01% equity by Mitsui & Co., Ltd. in Sneha Farms Private Limited will cause any appreciable adverse effect on competition in India.
Whether the combination involves horizontal overlap in fish feed manufacture or vertical linkages in feed additives or animal feed that require detailed market definition.
Parties & counsel
- other
Competition Commission of India
- applicant
Mitsui & Co., Ltd.
- other
Sneha Farms Private Limited
Coram
Case details
As recorded by the court registry
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