The European Commission, has issued a Statement of Objections, in relation to Amazon's acquisition of iRobot, wherein it has provisionally concluded that the acquisition is likely to result in restricting competition in the market for the manufacturing & supply of Robot Vacuum Cleaners and would allow Amazon to strengthen its position in the market for … Continue reading EC issues Statement of Objections in Amazon-iRobot merger

The UK Competition & Markets Authority (CMA) has provisionally found that the proposed acquisition of Figma by Adobe is likely to become a reverse killer acquisition, having the effect of eliminating competition in the market for product design, image editing & illustration. The CMA has further noted that the deal is likely to reduce innovation … Continue reading UK CMA provisionally finds Abobe-Figma merger as anticompetitive

The Supreme Court (SC), dealing with the repudiation of fire insurance claim by the insurance company, has held that as long as the insured is not the person who caused the fire the insurance company cannot repudiate the insurance claim on the ground that the cause of fire is not certain. The SC, further, opined … Continue reading Precise cause of a fire is immaterial, provided the claimant is not the instigator of the fire: SC

The Delhi High Court, while dealing with an appeal for setting aside of the Arbitral Award on the ground that the Arbitrator has erred in granting claim of loss of goodwill, without any proof of loss or damage thereof, has held that, it is difficult to establish, with mathematical precision, the quantum of loss of … Continue reading Absence of precise amount of claim for loss of goodwill does not render an Arbitral Award as patently illegal: DHC

The Delhi High Court, while dealing with an application for unconditional stay of the Arbitral Award, pending challenge for setting aside of the award, under Section 36(3) of the Arbitration & Conciliation Act, 1996, has held that, power to grant unconditional stay of arbitral award is confined only to those cases where the Arbitral Award … Continue reading Unconditional stay of Arbitral Award cannot be granted, unless there is a prima case of fraud: DHC

The Competition & Markets Authority in UK, has provisionally found that the Hanson Quarry Products’ (Hanson) acquisition of Mick George Limited (MGL) raises competition concerns in the market for supply of non-specialist aggregates or ready-mix concrete in East of England & East Midlands. Hanson & MGL are the leading construction material suppliers in the whole … Continue reading Hanson Quarry–Mick George Ltd. deal could lead to concentration in construction materials supply market: UK CMA

The Supreme Court, hearing a plea of juvenility in an appeal filed by the accused convicted by the Allahabad High Court for offence under Section 302 IPC, has held that when there are conflicting reports & documents regarding the assessment of age of the accused Rule 12(3)(b) of the Juvenile Justice (Care and Protection of … Continue reading Courts must extend the benefit of plea of juvenility when no exact age of child can be established: SC

The Supreme Court (SC), while dealing with the issue of whether an offence under Section 302 IPC could be reduced to culpable homicide not amounting to murder since the accused had no intention to kill the deceased, has held that the ‘Doctrine of Transfer of Malice’ applies in such cases, which provides that where there … Continue reading Causing death of a person mistakenly other than the one whose death was intended amounts to murder: SC

The Competition Tribunal – South Africa (CTSA), in an appeal filed against the order prohibiting acquisition of majority stake by Akzo Nobel N.V. (Dulux) in Kansai Plascon Africa Ltd (Plascon), passed by Competition Commission – South Africa (CCSA), has upheld the CCSA’s order & prohibited the proposed acquisition, on the ground that the acquisition would … Continue reading Competition Tribunal – South Africa prohibits merger between two decorative paints companies