Inquiry into combination by Commission

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.... 5 or merger or amalgamation referred in ^2[clause (c) of section 5 or acquisition of any control, shares, voting right or assets of an enterprise, merger or amalgamation referred to in clause (d) of that section], inquire into whether such a combination has caused or is likely to cause an appreciable adverse effect on competition in India : Provided that the Commission shall not initiate any i....

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.... in its opinion are relevant in this matter, the value of assets or the value of turnover or value of transaction], for the purposes of that section. (4) For the purposes of determining whether a combination would have the effect of or is likely to have an appreciable adverse effect on competition in the relevant market, the Commission shall have due regard to all or any of the following factor....

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....ould result in the removal of a vigorous and effective competitor or competitors in the market; (j) nature and extent of verticals integration in the market; (k) possibility of a failing business; (l) nature and extent of innovation; (m) relative advantage, by way of the contribution to the eco­nomic development, by any combination having or likely to have a....