1. Coursera, Inc. 2. Chess Merger Sub, Inc. 3. Udemy, Inc.
Case brief
What is this about?
The Competition Commission of India evaluated the proposed merger between Coursera's subsidiary Chess Merger Sub and Udemy. The Commission found the parties have low market shares in non-formal education services in India and concluded the combination is unlikely to cause appreciable adverse effect on competition, approving the deal.
What did the court decide?
Administration of the Proposed Combination is approved under Section 31(1) of the Act.
What the court decided
COMPETITION COMMISSION OF INDIA
(Combination Registration No. C-2026/01/1378)
25th March 2026
Notice under Section 6(2) of the Competition Act, 2002 filed by Coursera Inc., Chess Merger Sub Inc., and Udemy Inc.
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 30th January 2026, the Competition Commission of India ( Commission ) received a notice ( Notice ), under Section 6(2) of the Competition Act, 2002 ( Act ), filed by Coursera, Inc. ( Coursera ), Chess Merger Sub, Inc. ( Chess Merger Sub ), and Udemy, Inc. ( Udemy ) (hereinafter referred to as “ Parties” ). The Notice was filed pursuant to inter alia execution of the Agreement and Plan of Merger entered into among Udemy, Coursera, and Chess Merger Sub dated 17th December 2025 ( Merger Agreement ).
Issues for consideration
2 issues framed by the court
Whether the proposed merger between Coursera, via Chess Merger Sub, and Udemy causes appreciable adverse effect on competition in India.
Whether the Proposed Combination falls within the jurisdiction of the Competition Commission of India regarding horizontal markets.
Parties & counsel
- applicant
Coursera Inc.
- applicant
Chess Merger Sub Inc.
- applicant
Udemy Inc.
Coram
Case details
As recorded by the court registry
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