What is De Minimis exemption under Competition Act, 2002?

    Posted By : Ekta / Published on : 09-Sep-2017 03:29 AM / View : 327 / Comment : 1
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    Please explain the concept of De Minimis exemption and exemption to 'group' under section 5 of the Competition Act, 2002.
    Read more on : competition under exemption minimis

    • Pursuant to Notification No.S.O.674(E)
      dated March 4, 2016, acquisitions where enterprises whose control, shares, voting rights or
      assets are being acquired have assets of not more than Rs.350 crore in India or turnover of not
      more than Rs.1000 crore in India, are exempt from Section 5 of the Act for a period of 5 years.

      28-09-2017 / 01:30:54 PM

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