Indian Polity · Polity
Which of the following statements are CORRECT regarding 'control' and 'combinations' under the Competition Act, 2002? I. Control refers to the ability to influence the management or policy decisions of an enterprise through mechanisms such as share ownership or voting rights. II. The Competition Commission of India considers factors like entry barriers and efficiency gains when assessing the impact of a combination. III. The Central Government has the authority to exempt specific classes of combinations from the regulatory provisions of the Act. IV. The Competition Commission of India is mandated to unconditionally approve all notified combinations, regardless of their adverse effect on competition. Choose the most appropriate answer from the options given below:
- 1I, II and IV Only
- 2II, III and IV Only
- 3I, III and IV Only
- 4I, II and III Only✓
Correct answer
I, II and III Only
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