World Trade Organization Organisation Mondiale du Commerce Organización Mundial del Comercio



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tarix03.01.2022
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*1 crore = 10 million.

  1. The Government of India, vide recent notifications, has also exempted an enterprise, whose control, shares, voting rights or assets are being acquired and having turnover less than Rs 750 crore in India or having assets less than Rs 250 crore in India, from the provisions of section 5 of the Competition Act, 2002 for a period of five years.

  2. For executing the mandate given under the Competition Act, 2002, the implementing regulations relating to regulation of combinations were notified by the Competition Commission of India on 11 May 2011. These regulations are called as the "The Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011".


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