Rising private equity investments in the country have caught the attention of the Competition Commission of India (CCI) which is planning to launch a study to understand the pattern of their ownership across multiple firms and how it is impacting competition, Ashok Gupta, chairman, CCI said on Friday.
Addressing an annual Confederation of Indian Industry (CII) conference on competition law and practice, Gupta said, “Since many of these private equity investments are in multiple firms of the same industry, it is leading to product market overlaps. The issue of common ownership by minority shareholders across firms and its impact on