CCI approved combination of Mitsubishi and Hitachi as it was already facing competition constraints

Competition Law : Where assessment of proposed combination was based on market of BTG equipments, in view of fact that there was overcapacity in domestic BTG manufacturing sector as well as competitive constraint was posed by other significant players in market including imports, it was considered that proposed combination was not likely to had any appreciable adverse effect on competition and, therefore, proposed combination was to be approved under section 31