Tata Sons Private Limited
Case brief
What is this about?
The Competition Commission of India assessed a proposed combination where Tata Sons Private Limited acquired additional shares in Tata Play Limited. The Commission found no appreciable adverse effect on competition due to insignificant market share and existing overlaps, thereby approving the combination.
What did the court decide?
The Proposed Combination was approved under Section 31(1) of the Competition Act, 2002.
What the court decided
COMPETITION COMMISSION OF INDIA
Combination Registration No. C-2025/01/1235
17th March 2025
Notice under Section 6(2) of the Competition Act, 2002 given by Tata Sons Private Limited
CORAM:
Ms. Ravneet Kaur Chairperson Ms. Sweta Kakkad Member
Mr. Deepak Anurag Member
Order under Section 31(1) of the Competition Act, 2002
- On 23rd January 2025, the Competition Commission of India (‘ Commission ’) received a notice (‘ Notice ’) under sub-section (2) of Section 6 of the Competition Act, 2002 (‘ Act ’) given by Tata Sons Private Limited (‘ Acquirer ’/ ‘ Tata Sons ’). The Notice was filed pursuant to the execution of Share Purchase Agreement dated 27th September 2024 between Tata Sons and Baytree Investments (Mauritius) Pte. Ltd. (‘ Seller ’/ ‘ Baytree ’).
- The Proposed Combination envisages the acquisition of 10% shareholding in Tata Play Limited (‘ Target ’/‘ Tata Play ’) by Tata Sons from Baytree. It is submitted that Tata Sons presently (directly and through TS Investments Limited) holds 70% shareholding in Tata Play and the Proposed Combination is an acquisition of additional shares by Tata Sons
Issues for consideration
2 issues framed by the court
Whether the proposed acquisition of 10% shareholding in Tata Play Limited by Tata Sons is likely to have an appreciable adverse effect on competition.
Whether the horizontal, vertical, and complementary overlaps between the parties raise competition concerns.
Parties & counsel
- applicant
Competition Commission of India
- respondent
Tata Sons Private Limited
Coram
Ravneet Kaur
Case details
As recorded by the court registry
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