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Indian telecom major Bharti Airtel's history of gun-jumping costs it $125,000 in Bharti Telemedia deal

By Freny Patel
  • 29 Aug 2023 10:59
  • 29 Aug 2023 10:59
Bharti Airtel's history of not filing with the Indian competition authority prior to consummating an acquisition has cost the leading telecom operator a fine of 10 million rupees ($125,000) in its most recent gun-jumping offense.
Last week the antitrust watchdog fined Bharti Airtel for failing to notify its acquisition of

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Freny Patel

Correspondent


Freny has been covering antitrust law, M&A and regulations for over a decade, serving as Asia editor at Policy and Regulatory Report. Prior to joining as an editor at Mergermarket, she headed the banking bureau of a leading Indian financial daily, Business Standard. When India privatized the insurance sector, she had her own column in The Observer.

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