Economics · Business Regulatory Framework
The Competition (Amendment) Act, 2023 revamped the Competition Act, 2002 in which of the following perspectives? A. The CCI needs to be intimated if the value of the merger and acquisition deal exceeds ₹2,000 crores (Deal Value Threshold) B. The overall timeline for the assessment of combinations has been reduced to 150 days from 210 days C. 'Exclusive selling agreements' has been replaced with 'exclusive dealing agreements' D. Entities who are not engaged in identical or similar trade shall also be part of an Anti-competitive Agreement under Section 3(3) of the Act (Hub-and-Spoke Cartels) E. Anti-competitive conduct like 'tie-up arrangements', 're-sale price maintenance' and 'exclusive distribution agreement' have been redefined Choose the correct answer from the options given below:
- 1A, B, C, D and E
- 2A, B, C and D only✓
- 3C and E only
- 4A, B and C only
Correct answer
A, B, C and D only
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