What is the threshold limit for regulation of combination under section 5 under the Competition Act, 2002 ?
CS Executive · Economic, Business and Commercial Laws · PYQS · June 2022
What is the threshold limit for regulation of combination under section 5 under the Competition Act, 2002 ?
Answer & Explanation:
The Threshold limits for regulation of combination under Section 5 of the Competition Act, 2002 are following: Assets Turnover Enterprise Level India >₹2000 Crore OR >₹6000 Crore Worldwide with Indian Leg >USD 1 billion with at least >₹1000 Crore in India >USD 3 billion with at least >₹3000 Crore in India Group Level India >₹8000 Crore OR >₹24000 Crore Worldwide with Indian Leg >USD 4 billion with at least >₹1000 Crore in India >USD 12 billion with at least >₹3000 Crore in India
Topics: Commercial Laws
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