MERGERS AND ACQUISITIONS IN THE INDIAN TECHNOLOGY SECTOR: REGULATORY ISSUES AND CHALLENGES

AUTHOR – ARYAN CHATURVEDI, AMITY LAW SCHOOL NOIDA

BEST CITATION – ARYAN CHATURVEDI, MERGERS AND ACQUISITIONS IN THE INDIAN TECHNOLOGY SECTOR: REGULATORY ISSUES AND CHALLENGES, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 5 (10) OF 2025, PG. 271-281, APIS – 3920 – 0001 & ISSN – 2583-2344.

Abstract

The Indian technology sector has emerged as a key driver of economic growth and innovation, attracting significant investment and strategic interest both domestically and globally. In this context, mergers and acquisitions (M&A) have become instrumental in reshaping the competitive landscape, enabling firms to scale operations, access new markets, and enhance technological capabilities. However, the regulatory environment governing M&A activity in India presents a complex array of challenges. This dissertation critically examines the legal, procedural, and policy-related dimensions of M&A in the Indian technology sector. It analyzes the role of key regulatory bodies such as the Competition Commission of India (CCI), the Securities and Exchange Board of India (SEBI), and the Reserve Bank of India (RBI), alongside sector-specific considerations under the Companies Act, 2013 and the Foreign Exchange Management Act (FEMA), 1999. The study further explores emerging concerns around data privacy, cross-border transactions, and antitrust scrutiny in the digital economy. Through case law analysis, industry data, and comparative insights, the research identifies existing gaps and ambiguities in the regulatory framework, proposing recommendations to ensure a more efficient, transparent, and innovation-friendly M&A regime in India’s rapidly evolving technology ecosystem.