Linklaters signs India best-friends tie

Linklaters has secured a best friends agreement with the architect of India’s revived antitrust regime, Vinod Dhall.

Linklaters has secured a best-friends agreement with the architect of India’s revived antitrust regime, Vinod Dhall.

The agreement with Dhall, who recently quit as the sole member and acting chairman of the Competition Commission of India (CCI) after five years in the post, will see his New Delhi-based consultancy cross-refer clients to the magic circle firm.

Linklaters decided it needed an antitrust tie-up in India due to multinational companies looking to expand in the region, and so were seeking advice about what the likely impact of the revised laws would be.

The magic circle firm’s spokeswoman confirmed the cross-referral agreement. “Since stepping down from the CCI, Mr Dhall has set up an advisory practice. Mr Dhall will be available to provide strategic input to Linklaters’ clients on matters involving India, as well as training and development inputs to Linklaters,” she said.

The amended competition laws are expected to take effect in India early next year. They will give the CCI powers to control mergers and tackle anti-competitive agreements in addition to dominance abuses.

The link-up comes almost two years after Linklaters created a best friends relationship with Mumbai-based Talwar Thakore & Associates (TheLawyer.com 14 December 2006).

It also follows today’s announcement that Latham & Watkins is swooping on Linklaters for banking partner Tim Ross, who is to join Latham’s Dubai office.