India: Announced CCI approval of acquisition of Flipkart Private Limited by Shoreline International Holdings LLC
Description
Announced CCI approval of acquisition of Flipkart Private Limited by Shoreline International Holdings LLC
On 26 November 2024, the Competition Commission of India (CCI) approved a transaction involving the subscription of shares of Flipkart Private Limited by Shoreline International Holdings LLC, a wholly owned subsidiary of Alphabet (Google). The trans…
Scope
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
platform intermediary: e-commerce, search service provider
Implementation Level
national
Government Branch
executive
Government Body
competition authority