Late Friday evening, the Competition Commission notified changes to its merger guidelines that came into force on June 1st last year. The new guidelines are expensive – filing fees have increased 40 fold.
The competition watchdog CCI has levied a penalty of Rs 55.5 crore on the NSE for abusing its dominant position in the currency derivatives space. In an interview with CNBC-TV18, U Venkatraman, MCX and NSE’s lawyer Naval Chopra, Principal Associate, Amarchand Mangaldas, speak about their next steps.