The Competition (Criteria of Combination) Rules, 2024 vide MCA Notification no. G.S.R. 548 (E) dated 9th September, 2024 provides criteria for entities involved in combinations (such as mergers or acquisitions) to file n

Criteria of Combination: The Competition (Criteria of Combination) Rules, 2024 vides MCA Notification no. G.S.R. 548 (E) dated 9th September, 2024 provides for entities involved in combinations (such as mergers or acquisitions) to file notices under Section 6(4) of the Competition Act . For the purposes of 6 (4) of the Competition Act, the parties to a combination, their respective group entities and their affiliates who fulfils the following criteria, may give notice for such combination under that sub-section, namely: they do not produce or provide similar or identical or substitutable product or service; they are not engaged in any activity relating to production, supply, distribution, storage, sale and service or trade in product or provision of service, which are at different stage or level of production; or which are complementary to each other.