In India, mergers and acquisition of firms are regulated by
Economy ·Previously asked in JKSSB Sub Inspector (Executive) 2017
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Question
In India, mergers and acquisition of firms are regulated by
- A. National Manufacturing Competitiveness Council
- B. Competition Commission of India (Correct answer)
- C. Securities and Exchange Board of India
- D. Department of Industrial Policy and Promotion
Correct Answer
Option B — Competition Commission of India
Detailed Solution & Explanation
The correct answer is Competition Commission of India.
Key Points
- The Competition Commission of India (CCI), established under the Competition Act, 2002, regulates mergers, acquisitions, and anti-competitive practices in India.
- SEBI regulates securities markets, while DIPP handles industrial policy.
- CCI ensures that mergers do not harm market competition.
Topics covered: JKPSI JKSSB 2017 Economy Regulatory Bodies