India: Competition Authority approves acquisition of BillDesk by PayU Payments
Description
Competition Authority approves acquisition of BillDesk by PayU Payments
On 5 September 2022, the Competition Commission of India (CCI) announced that it had approved the acquisition of Indialdeas.com Limited (BillDesk) by PayU Payments Private Limited (PayU). The CCI conducted an investigation to ensure the acquistion w…
Scope
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
competition authority