Jongsong Investments Pte. Ltd.
Case brief
What is this about?
The Competition Commission of India considered a notice regarding a proposed combination involving investment in Romsons Group. The Commission found the parties had insignificant market shares in relevant horizontal and vertical markets and approved the combination.
What did the court decide?
The Commission approves the Proposed Combination under Section 31(1) of the Competition Act, 2002.
What the court decided
COMPETITION COMMISSION OF INDIA
Combination Registration No.C-2026/05/1417
16th June 2026
Notice under Section 6(2) of the Competition Act, 2002 given by Jongsong Investments Pte. 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 4th May 2026, 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 Jongsong Investments Pte. Ltd. ( Acquirer ). The Notice was filed pursuant to the execution of the following documents each dated 17th April 2026: (a) Share Subscription and Share Purchase Agreement ( SSPA ) amongst Romsons Group Pvt. Ltd.
Issues for consideration
2 issues framed by the court
Whether the proposed combination between Jongsong Investments Pte. Ltd. and Romsons Group Pvt. Ltd. is likely to cause appreciable adverse effect on competition in India.
Whether the incremental market share of the parties indicates a likelihood of Abuse of Dominance (AAEC) in relevant horizontal and vertical markets.
Parties & counsel
- applicant
Jongsong Investments Pte. Ltd.
- respondent
Romsons Group Pvt. Ltd.
- respondent
Khanna Family
Coram
Case details
As recorded by the court registry
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