WebAug 27, 2024 · The Competition (Amendment) Bill, 2024. For Prelims: Competition Commission of India (CCI), Competition Act, 2002, Gun Jumping, Hub-and-Spoke, Vertical agreements, Abuse of dominance, National Company Law Tribunal (NCLT). For Mains: Significance of Competition Commission due to the changing dynamics of the market. WebSep 4, 2024 · Section 29. Section 29 of the Competition Act 2002 binds the parties to the combination and sends the mandatory notification to the CCI for a combination and the aforesaid Act provides for high thresholds with regard to assets and turnover. According to Section 5 of the Competition Act, 2002 a combination is an “ acquisition of one or more ...
Analysis of Section 26, 27 and 29 of the Competition Act, 2002
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THE COMPETITION ACT, 2002 (12 OF 2003) CONTENTS
WebAmendment Act 60 of 1980-Statement of Objects and Reasons.-One of the problems being faced by the industry in boosting production for export arises from the concept of "dominance" and the approvals required by "dominant" undertakings under the Monopolies and Restrictive Trade Practices Act, 1969. WebCompetition law is centered around prohibiting agreements or practices that restrict free trade and competition between businesses. The government will oversee all large … WebApr 9, 2024 · Bare Acts are the backbone of law. Every law note, question and answer, legal essay, and mock test have their origin in Bare Acts. When you join any law … healthfirst essential plan income limits