Regulated mergers lower cost: CCI
Bangalore, Dec 1, DHNS:
At the National Quality Summit of the Confederation Indian Industries (CII), Competition Commission of India (CCI) Chairman Ashok Chawla in his inaugural address on the theme “Creating Brand India through Quality,” Chawla spoke about regulated mergers and acquisitions as it led to lower unit costs and the role of the “mandatory prior approval” and its quick disposal. He also flawed the notion that concentration of industry led to improved quality and said that “reasonable” restriction of Intellectual Property were allowable.
