The
Competition Commission of India (CCI) is of the prima
facie opinion that the
proposed combination between Dow Chemical Company (Dow)
and E. I. du Pont de
Nemours and Company(DuPont) is likely to have an
appreciable adverse effect on
competition and, accordingly, has directed Parties, in
terms of Section 29(2)
of the Competition Act, 2002, to publish details of the
combination for
bringing the combination to the knowledge or information
of the public and
persons affected or likely to be affected by such
combination. The last date for the comments is April 10, 2017.
Parties
have already published the details of the proposed
combination in all India
editions of four newspapers viz., Hindu Business Line,
Indian Express,
Financial Express, and Pioneer on 18th March, 2017 and
also hosted the same on their
websites.
The said details are also
available on the website of the Commission at http://cci.gov.in/sites/default/files/C-2016-05-400%20-%20FORM%20IV.pdf
Earlier,
on 19th May, 2016, the Competition Commission of India
(CCI) had received a
notice jointly filed by Dow Chemical Company (Dow) and
E. I. du Pont de Nemours
and Company(DuPont) for a proposed combination between
DuPont and Dow.
As
per the provisions of Section 29(3) of the Act, the
Commission invites
comments/objections/ suggestions in writing, from any
person(s) adversely
affected or likely to be affected by the propoposed
combination. The same may
be addressed to the Secretary, Competition
Commission of India, Hindustan
Times House, 7th Floor, 18-20, Kasturba Gandhi Marg,
New Delhi – 110001 or
through email: secy@cci.gov.in,
within fifteen working days from the date of publication
of details of the
proposed combination.
DuPont
is inter alia, engaged in agriculture (including
seeds) industrial
bio-sciences, nutrient and health, performance chemicals
and materials, safety
and production. Dow is active in chemical, plastic,
agriculture products and
services to consumer markets that include food
transportation, health and
medicine, personal care etc.
Commission of India (CCI) is of the prima
facie opinion that the
proposed combination between Dow Chemical Company (Dow)
and E. I. du Pont de
Nemours and Company(DuPont) is likely to have an
appreciable adverse effect on
competition and, accordingly, has directed Parties, in
terms of Section 29(2)
of the Competition Act, 2002, to publish details of the
combination for
bringing the combination to the knowledge or information
of the public and
persons affected or likely to be affected by such
combination.
Parties
have already published the details of the proposed
combination in all India
editions of four newspapers viz., Hindu Business Line,
Indian Express,
Financial Express, and Pioneer on 18th March, 2017 and
also hosted the same on their
websites. The said details are also
available on the website of the Commission (www.cci.gov.in).
Earlier,
on 19th May, 2016, the Competition Commission of India
(CCI) had received a
notice jointly filed by Dow Chemical Company (Dow) and
E. I. du Pont de Nemours
and Company(DuPont) for a proposed combination between
DuPont and Dow.
As
per the provisions of Section 29(3) of the Act, the
Commission invites
comments/objections/ suggestions in writing, from any
person(s) adversely
affected or likely to be affected by the propoposed
combination. The same may
be addressed to the Secretary, Competition
Commission of India, Hindustan
Times House, 7th Floor, 18-20, Kasturba Gandhi Marg,
New Delhi – 110001 or
through email: secy@cci.gov.in,
within fifteen working days from the date of publication
of details of the
proposed combination.
DuPont
is inter alia, engaged in agriculture (including
seeds) industrial
bio-sciences, nutrient and health, performance chemicals
and materials, safety
and production. Dow is active in chemical, plastic,
agriculture products and
services to consumer markets that include food
transportation, health and
medicine, personal care etc.
Keep it up!
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