Current Affairs · Regulatory Penalties
Consider the following statements regarding the penalty imposed on Carlyle Group by the Competition Commission of India (CCI): 1. The acquisition of Quest Global Services was initially filed under the Green Channel route. 2. The Green Channel allows automatic approval even in cases of vertical or complementary overlaps. 3. CCI required Carlyle’s entities to refile the application under Regulation 8 of the Combination Regulations. 4. The acquirers denied the existence of any overlaps and contested the penalty. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 3, and 4 only
- 22 and 4 only
- 31 and 3 only✓
- 41 and 2 only
Correct answer
1 and 3 only
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