Ms. Shweta Shroff Chopra is a Partner in the Firm's Competition Law Practice, and has over 10 years experience in advising on financing, corporate and competition law matters. Shweta has been practicing competition law since its early days, having been involved in several high profile cases relating to abuse of dominance, cartels and merger control.
Shweta’s clients encompass prominent names of the industry, inlcuding HDFC Limited, Apollo Tyres, Coal India Limited, Holcim Group of Companies, Vodafone India Limited, Bharti Airtel, Temasek group, and PVR Cinemas. Shweta has been engaged in leading high profile enforcement cases before the CCI and the Competition Appellate Tribunal (COMPAT) including representing HDFC Limited in the Bank Prepayment Charges case, Jindal Steel & Power Limited against Steel Authority of India Limited, Holcim group companies ACC Limited and Ambuja Cements Limited in the Cement cartel case, Apollo Tyres Limited in the Tyres cartel case, Coal India Limited in abuse of dominance and cartel cases in relation to procurement of explosives, and Vodafone India Limited in an anti-competitive tie–in in a case involving the sale of Apple iPhones.
Shweta was also involved in the seminal CCI v. SAIL case, the first case under the Competition Act to be decided by the Hon’ble Supreme Court of India and is currently representing state-owned oil marketing companies on the important litigation surrounding regulatory overlaps between the CCI and the Petroleum and Natural Gas Regulatory Board. On the merger control front, Shweta has successfully obtained unconditional merger clearances from the CCI for various transactions, including in relation to Huhtamaki Group’s acquisition of Positive Packaging group; Beckman Coulter’s acquisition of Siemens’ Microbiology Technology business, Zuari (Adventz) Group’s open offer for shares of Mangalore Chemicals & Fertilisers Limited, Temasek group’s acquisition of majority shareholding in Olam Industries Limited, Axiall LLC’s joint venture for PVC compounds with DCM Shriram Limited. Most recently, Shweta has advised on global transactions including GSK/Novartis, Holcim/Lafarge and GE/Alstom. Shweta has also advised on the competition law aspects of other large transactions such as Bharti Airtel’s acquisition of Qualcomm’s Indian subsidiaries, PVR Cinemas’ acquisition of Cinemax, establishment of the global joint venture between Penguin and Random House and Axis Bank’s acquisition of Enam Securities, which did not require a notification to the CCI.
Shweta has been actively involved in driving policy changes in the space of Indian competition law. In particular, she played an instrumental role in the finalization of the Indian merger control regime in April-May 2011, working closely with the Government of India and the CCI in relation to the finalization of the draft Combination Regulations and associated exemption notifications. She has also been part of industry delegations led by CII and FICCI, canvassing the need for changes to the Combination Regulations before the CCI, many of which were reflected in the April 2013 changes to the law.
Shweta has played an instrumental role in implementation of several women specific policies and initiatives at the Firm. On a self designated basis, Shweta led a team of at least seventy lawyers from the firm who put in about forty hours of efforts to come up with an approximately eighty page comprehensive report submitted to a committee constituted under Justice J. S. Verma (retired), Justice Leila Seth (retired) and Mr. Gopal Subramaniam, Sr. Advocate, to recommend changes to the law to prevent and ensure timely and commensurate justice in crimes against women.
According to Chambers and Partners Rankings 2015, Shweta Shroff Chopra is described by market sources as “a very smart lawyer with an in-depth approach, who has worked on big-ticket cases.” She represented Temasek Holdings in its first Indian merger control notification for its proposed SGD6.2 billion acquisition of DBSH. She has most recently acted for Holcim Ltd in its “merger of equals” with Lafarge S. A., which involved negotiating remedies with the CCI. In March 2014, Shweta won the “Young Lawyer of the Year (Female)” Award at the Legal Counsel Congress & Awards 2014 (Mumbai). In January 2014, Shweta has also been selected by the international in-house counsel community as an outstanding practitioner in the Euromoney Guide to the World's Leading Competition and Antitrust Lawyers/ Economists 2014.
In 2012, Shweta was noted as one of the only “Associates to watch” by Chambers Asia Pacific Legal Guide and then as an “Up and Coming” talent in 2013 and 2014 for her expertise in competition law, wherein she has been “highly recommended” for her “impressive reputation”' as “a bright young legal talent of extraordinary quality”. Shweta has also been recognized, based on an international peer review, for her professional achievements in the International Who’s Who of Competition Lawyers and Economists 2013 and 2014 (by Global Competition Review and Law Business Research Ltd). She was also profiled in the Asialaw Leading Lawyers 2013 and the Euromoney Guide to Leading BRIC Practitioners 2013. Shweta has co-authored leading guides on the law of Dominance and Merger Control in India as part of the Getting the Deal Through series, which are key global reference materials for these areas of law.
Before joining the Firm in 2007, Shweta qualified as a solicitor of England & Wales after completing a training contract with Denton Wilde Sapte, London and did a secondment with Clifford Chance, London. Shweta holds an LL.B. from University of Wales, Cardiff and an LL.M. from the London School of Economics & Political Science. Shweta is qualified to practice in England & Wales and India.