Economics · Economy
Which of the following accurately describes the leniency provisions under Section 46 of the Competition Act, 2002?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1They provide immunity or reduced penalties to parties that cooperate with the CCI during investigations into anti-competitive practices.✓
- 2They provide for the resolution of cases through settlements, allowing parties to negotiate and reach agreements with the CCI.
- 3They empower the Central Government to exempt certain classes of combinations from the applicability of the regulatory provisions.
- 4They provide for cooperation with foreign competition authorities to promote effective enforcement and administration of competition laws.
Correct answer
They provide immunity or reduced penalties to parties that cooperate with the CCI during investigations into anti-competitive practices.
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