Amendment to competition rules broadens coverage to concentrations and permits value adjustments based on broader economic factors. Amendment expands the cross-reference in section 20 to include acquisitions of control, shares, voting rights, assets, and mergers or amalgamations; authorizes adjustment of asset, turnover or transaction values by notification using wholesale price index, exchange-rate fluctuations or other relevant factors; and replaces the term 'combination' with 'concentration' in subsection (4)(c).
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Provisions expressly mentioned in the judgment/order text.
Amendment to competition rules broadens coverage to concentrations and permits value adjustments based on broader economic factors.
Amendment expands the cross-reference in section 20 to include acquisitions of control, shares, voting rights, assets, and mergers or amalgamations; authorizes adjustment of asset, turnover or transaction values by notification using wholesale price index, exchange-rate fluctuations or other relevant factors; and replaces the term "combination" with "concentration" in subsection (4)(c).
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