Competition Act, 2002

Section - 5 - Combination

Regulation of combinations

Combination.

5. The acquisition of one or more enterprises by one or more persons or merger or amalgamation of enterprises shall be a combination of such enterprises and persons or enterprises, if-

(a)- any acquisition where-
(i)- the parties to the acquisition, being the acquirer and the enterprise, whose control, shares, voting rights or assets have been acquired or are being acquired jointly have,-
(A)- either, in India, the assets of the value of more than rupees one thousand crores or turnover more than rupees three thousand crores; or
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