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      Question

      Consider the following statements regarding Merger

      Regulations under the Competition Act: Statement 1: Mergers are evaluated on the basis of whether they reduce competition appreciably. Statement 2: Mergers are automatically prohibited if market share exceeds certain thresholds. Statement 3: CCI can impose conditions on approved mergers to ensure competition is maintained. Statement 4: Cross-border mergers involving Indian entities require prior CCI approval. Which statements are correct?
      A Statements 1, 3, and 4 only Correct Answer Incorrect Answer
      B Statements 1 and 3 only Correct Answer Incorrect Answer
      C Statements 2 and 4 only Correct Answer Incorrect Answer
      D Statements 1 and 2 only Correct Answer Incorrect Answer
      E All statements are correct Correct Answer Incorrect Answer

      Solution

      Mergers are assessed on competition impact—Statement 1 is correct. Market share alone doesn't trigger automatic prohibition—Statement 2 is incorrect. CCI can impose conditions—Statement 3 is correct. Cross-border mergers with Indian connections require CCI approval—Statement 4 is correct. Statements 1, 3, and 4 are correct.

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