The Competition (Amendment) Bill, 2022 proposes to reduce the timeline for the CCI to pass an order on transactions from 210 days to ______ days.
Answer & explanation
Correct answer: option 3
The correct answer is Option 3 - 150
The proposed Competition (Amendment) Bill, 2022 aims to shorten the duration for the Competition Commission of India (CCI) to issue an order on transactions from 210 days to 150 days. It intends to amend the Competition Act, 2002, which prohibits individuals or enterprises from engaging in combinations that could negatively impact competition.