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?
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