Shweta holds an LL.B. from University of Wales, Cardiff and an LL.M. from the London School of Economics & Political Science and qualified to practice in India and in England & Wales. Her practice is a combination of merger control and enforcement. On the merger control front, she has significant experience across industries and is well regarded for her practical and commercially sound advice. She has successfully obtained unconditional Phase I merger clearances from the CCI for various big-ticket global and Indian transactions, including Reliance Retail’s proposed acquisition of Future Group’s retail & wholesale and logistics & warehousing businesses, Walmart’s acquisition of a majority stake in Flipkart and Vodafone India in its merger with Idea Cellular.
She has also been involved in seminal Phase II merger clearances in India, including in relation to acquisition of Larsen & Toubro’s electrical & automation business by Schneider Electric, Holcim Ltd in its “merger of equals” with Lafarge S. A. and PVR’s acquisition of DT Cinemas. Recently, Shweta represented CA Magnum Holdings in relation to their acquisition of majority shareholding in Hexaware Technologies Limited, which is a seminal case in relation to treatment of vertical overlaps in the IT/ITES space. She also represented Delhivery in relation to its transaction with FedEx, where FedEx exited its Indian business and acquired a stake in Delhivery, which has since filed for an IPO. She has also acted for Flipkart (a subsidiary of Walmart) in its commercial arrangements and acquisition of a minority stake in Aditya Birla Fashion & Retail Ltd.
On the enforcement front, Shweta has been engaged in leading high profile enforcement cases before the Competition Commission of India (CCI), National Company Law Appellate Tribunal (NCLAT), and Supreme Court of India.
She has been ranked as an “Elite Practitioner” in the Asia law Profiles rankings, from 2018 onwards. Chambers and Partners has ranked her ‘Band 2’ for competition law. She has been commended by clients as an “extremely smart” and an “incredibly responsive” practitioner. Another source further emphasises that “she has a great insight into how the CCI investigates cases and is very helpful in strategising how we respond to requests” and she is “highly recommended” for her “impressive reputation” as “a bright young legal talent of extraordinary quality”.
During 2021, she secured recognition in three prestigious rankings, namely ALB Asia 40 under 40 Lawyers 2021, Global Competition Review’s Women in Antitrust 2021 and Economic Times 40 under 40 Young Business Leaders in India. Legal Era recognised her as a ‘Leading Lawyer Champion’ for Antitrust and Competition in Legal Era ‘Leading Lawyers’ Rankings’, 2022. She was also ranked as a ‘Top 100 Lawyers’ in Forbes Legal Powerlist, 2021.
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 finalisation of the Indian merger control regime in April - May 2011, working closely with the Government of India and the CCI in relation to the finalisation of the draft Combination Regulations and associated exemption notifications. She also contributed to the drafting of the national competition policy of India as well as assisted Pallavi S. Shroff in the Competition Law Review Committee deliberations in 2018-19.
She regularly contributes to competition law publications and 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. She has also authored Practical Law Company's Merger Control in India: Overview and Global Competition Review’s Merger Remedies chapter for India.
At the firm, she is the partner responsible for the Human Resources and is a part of the firm’s Promotion and Compensation Committee. She is also in charge of the firm’s Mental Health & Wellness Alliance, as well as setting up the firm’s Diversity Collective (an initiative to bring awareness and understanding of diversity and inclusion along sexuality, caste, gender, age and race lines within the workplace) this year. She has also led the firm’s multi-disciplinary Covid Response Team, which was responsible for the transition to working from home in the early stages of the pandemic and has since led the effort to provide multi-faceted support to the 900+ workforce.
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 a secondment with Clifford Chance, London.
Shweta Shroff Chopra is an equity partner in the Firm's Competition Law Practice. She has over 18 years’ experience in advising on corporate and competition law matters and has been practicing competition law since its early days in India. She has been involved in several high-profile cases relating to cartels, abuse of dominance and merger control. Shweta’s clients include prominent names like Reliance Retail, Temasek, Walmart, JK Group, Maruti Suzuki, Swiggy and Nestle S.A.