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The Flipkart-Walmart Deal in India: A Look into Competition and Other Related Issues

机译:印度的Flipkart-Walmart交易:竞争和其他相关问题的考察

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摘要

The Competition Commission of India approved India’s highest-valued acquisition, Flipkart by Walmart, within the first phase of investigation itself, stating that it is “not likely to have an appreciable adverse effect on competition in India.” Unlike many other retail acquisitions, there has been strong protest from the traders and retailers’ organization to stop the deal and for the creation of an exclusive e-commerce policy and regulator. Meanwhile, the Draft National E-Commerce Policy, 2018, suggested greater regulatory scrutiny for mergers and acquisitions that may distort competition. In this context, the present study looked into the competition dimension of the deal and other related issues. The study suggests to evolve a regulatory system with long-term vision to sustain and support the domestically grown innovations while making the competition assessment more flexible to accommodate the challenges posed by digital revolution.
机译:印度竞争委员会在调查的第一阶段中批准了印度最有价值的收购交易,沃尔玛(Walmart)进行的Flipkart收购,并表示“这不太可能对印度的竞争产生明显的不利影响”。与许多其他零售收购不同,贸易商和零售商组织强烈抗议停止交易并制定独家电子商务政策和监管机构。同时,2018年《国家电子商务政策草案》建议对可能会扭曲竞争的并购进行更严格的监管审查。在这种情况下,本研究调查了交易的竞争维度和其他相关问题。该研究建议发展具有长远眼光的监管体系,以维持和支持国内增长的创新,同时使竞争评估更加灵活,以适应数字革命带来的挑战。

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