2000

2002

2004

2006

To promote competition in the Indian market

To protect the interests of consumers

To prevent the formation of monopolies

All of the above

Competition Commission of India (CCI)

Securities and Exchange Board of India (SEBI)

Reserve Bank of India (RBI)

National Company Law Tribunal (NCLT)

Horizontal agreements

Vertical agreements

Cartels

All of the above

10% of the average turnover for the preceding three financial years

20% of the average turnover for the preceding three financial years

30% of the average turnover for the preceding three financial years

40% of the average turnover for the preceding three financial years

A program that allows companies to self-report anti-competitive conduct in exchange for immunity from prosecution

A program that allows companies to merge or acquire other companies without having to notify the CCI

A program that allows companies to enter into joint ventures without having to notify the CCI

None of the above

A clause that allows the CCI to review and modify its orders after a certain period of time

A clause that allows companies to appeal the CCI's orders to the Supreme Court

A clause that allows the government to amend the Indian Competition Act without having to go through the Parliament

None of the above

The market share of the merging or acquiring companies

The potential impact on competition in the relevant market

The efficiency gains that may result from the merger or acquisition

The impact on consumers

6 months

1 year

2 years

3 years

Breaking up a monopoly

Imposing a fine

Ordering a company to divest its assets

Ordering a company to change its business practices

De minimis exemption

Group exemption

Individual exemption

None of the above

To promote competition in the Indian market

To protect the interests of consumers

To prevent the formation of monopolies

To regulate the prices of goods and services

Horizontal agreements

Vertical agreements

Cartels

Exclusive dealing agreements

The market share of the merging or acquiring companies

The potential impact on competition in the relevant market

The efficiency gains that may result from the merger or acquisition

The impact on consumers