Law · Commercial Law
Which of the following statements are CORRECT regarding 'combinations' and 'control' under the Competition Act, 2002? I. Under Section 5 of the Competition Act, 2002, a combination encompasses acquisitions, mergers, or amalgamations that meet prescribed financial thresholds. II. The concept of control over an enterprise exclusively refers to direct influence and strictly excludes any indirect influence over policy decisions. III. The thresholds for determining if a combination requires mandatory notification to the Competition Commission of India (CCI) are based on assets and turnover. IV. Control over an enterprise can be achieved through ownership, voting rights, or the power to appoint directors. Choose the most appropriate answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I, III and IV Only✓
- 2II, III and IV Only
- 3I, II and III Only
- 4I, II and IV Only
Correct answer
I, III and IV Only
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