A. Call for a report from the Director General
B. Invite any person, affected parties to file written objections
C. Direct the parties of combination to publish details of the combination
D. Call for additional information from the parties of the combination
E. Issue a notice for show-cause to the parties of the combination
Choose the correct answer from the option given below:
Sequence CCI Combination Investigation Steps
The Competition Commission of India (CCI) follows a structured process when investigating combinations (like mergers and acquisitions) to ensure they do not adversely affect competition. Understanding the correct order of these steps is crucial for exams.
Investigating Combinations: Correct Step Order
The investigation process involves several key stages. Based on regulatory practice, the steps are arranged as follows:
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E. Issue a notice for show-cause to the parties of the combination
This initial step involves the CCI formally notifying the parties involved in the combination about potential concerns or reasons why the combination might be problematic, requiring them to respond.
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A. Call for a report from the Director General
Following the preliminary assessment or show-cause response, the CCI directs its investigative wing, the Director General (DG), to conduct a detailed inquiry into the combination.
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C. Direct the parties of combination to publish details of the combination
To ensure transparency and gather wider input, the CCI may order the parties to publicly announce the details of the proposed combination.
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B. Invite any person, affected parties to file written objections
During the investigation, interested third parties or individuals affected by the combination are given an opportunity to submit their objections or comments to the CCI.
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D. Call for additional information from the parties of the combination
This step often occurs towards the end of the process, where the CCI requests further data or clarifications from the parties to address issues raised in the DG's report, objections, or show-cause proceedings.
Important Questions from Business Competition
Select the correct code of the following statements being correct or incorrect.
Statement (I) : The ‘law of one price’ states that in competitive markets free of transportation costs and barriers to trade, identical products sold in different countries must sell for the same price when their price is expressed in terms of the same currency.
Statement (II) : An ‘Efficient market’ has no impediments to the free flow of goods and services, such as trade barriers.
Which one of the following is not true for introducing multiple brands in a category?
The shut down refers to complete cessation or closing down of the business. It involves which of the following?
i) No buying or selling
ii) No manufacturing
iii) Shifting of business from one place to another place
iv) Assets to be sold or disposed off
v) Returning capital to owners
Which of the following is a guideline to deal with colleagues?
Which of the following is a horizontal agreement?
