Delhi HC: MYAS Not Bound to ‘Rubber-Stamp’ International Federation Choices || AP HC: Fulfilling Rehabilitation Promises to Displaced is State’s Constitutional Obligation || SC: Career Progression to Higher Echelons of Judiciary is Neither a Matter of Right Nor Entitlement || Provisions of Tribunal Reforms Act 2022 Struck Down as Unconstitutional || Madras HC: Repeated Remand Orders U/S 37 A&C Act are Unworkable Without Reversing Merits || Delhi High Court: Unproven Immoral Conduct of a Parent Cannot Influence Child Custody Decisions || Delhi High Court: Counsel Cannot Treat Passovers or Adjournments as an Automatic Right || Delhi HC: Landlord’s Rent Control Act Rights Cannot be Waived by Contract With Tenant || Bom HC: Arbitrator Who Halts Proceedings over Unpaid Revised Fees Effectively Withdraws From Office || SC Holds That if Some Offences Are Quashed On Compromise, The FIR Cannot Continue For Others

Starwood Hotels & Resorts Worldwide and Marriott International Inc. - (Competition Commission of India) (05 Feb 2016)

CCI approves Marriott’s acquisition of Starwood

MRTP/ Competition Laws

The Competition Commission of India approved Marriott’s acquisition of Starwood Hotels and Resorts, both operators of vast multi-national chains of hotels. The Commission considered that in the relevant market of four- and five-star hotels across India, no appreciable adverse effect on competition would be felt, accepting the presence of established players in the upscale hotel business. However, it also included new hotel aggregators, ‘ZO’ and ‘OYO rooms’ and online travel portals as providing a countervailing bargaining power in the relevant market.

Tags : CCI HOTEL TAKEOVER LUXURY CHAIN

Share :