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    Question

    What is the legal consequence of entering into a

    combination that causes or is likely to cause an appreciable adverse effect on competition within the relevant market in India?
    A The combination is declared void Correct Answer Incorrect Answer
    B The combination is subject to a financial penalty Correct Answer Incorrect Answer
    C The combination must undergo a government review Correct Answer Incorrect Answer
    D The combination is automatically approved after a certain period Correct Answer Incorrect Answer
    E The combination is temporarily suspended for investigation Correct Answer Incorrect Answer

    Solution

    Section 6 Regulation of combinations: (1) No person or enterprise shall enter into a combination which causes or is likely to cause an appreciable adverse effect on competition within the relevant market in India and such a combination shall be void.

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