In our first article titled, “Merger Control & Competition (Amendment) Act, 2023: Analysing the Amendment & Advancing Post-Amendment Considerations for the Commission for an Immaculate Combination Regime,” the author examines the significant changes brought about by the Competition (Amendment) Act, 2023, particularly from the perspective of mergers and acquisitions (“M&A”). These amendments mark a new era in India’s competition law regime, increasing the role of the regulator and the transaction costs for involved parties. The paper identifies practical challenges in implementing the deal value threshold (“DVT”), such as its efficacy and the additional administrative burden on the CCI. The author argues that while the overhaul of the merger control regime is a positive step, there are ambiguities in the implementation of new definitions and provisions. The paper conducts a multi-jurisdictional analysis and reviews CCI’s decisional practices to propose a future roadmap for regulating combinations. Additionally, the paper discusses the Draft Regulations on Combinations, 2023, to anticipate the final combination framework. The author emphasizes the need to tailor regulations to the Indian market, while incorporating international antitrust best practices to promote fair competition and ease of doing business.