It is usual to find non-compete provision in mergers and acquisitions deals. This provision imposes restriction on parties to carry on similar business. The provision prevents joint venture partners from competing in similar business as that of their joint venture entity. This restriction could be during the term of the venture and even after its […]
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India has seen a rapid disintermediation of the payments system that was once restricted to only banks and their traditional clearing facilities. Entrepreneurs abound in the recent digital payment interfaces such as prepaid instruments like mobile wallets. These will replace the traditional clearing systems such as RTGS (real time gross settlement) as also online facilities […]
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Does an arrangement between employers not to hire each other’s employees restrict competition in labour market and is against free market principles? The answer lies in competition laws.Skilled employees and capital are the two crucial components for a successful business. An employer’s desire to retain top talent is driven by the fact that it is […]
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