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          <h1>Section 20 of Competition Act: Commission investigates mergers for adverse effects on market competition within one year of taking effect.</h1> The Competition Act, 2002, Section 20, empowers the Commission to investigate combinations such as acquisitions, mergers, or amalgamations to determine if they cause or may cause a significant adverse effect on competition in India. The Commission must initiate inquiries within one year of the combination taking effect. It considers factors like market competition, barriers to entry, market concentration, countervailing power, price impacts, availability of substitutes, market share, and innovation. The Central Government, in consultation with the Commission, may adjust the value thresholds for these assessments biennially based on economic indicators.

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