TMI BlogCompetition (Criteria of Combination) Rules, 2024.X X X X Extracts X X X X X X X X Extracts X X X X ..... Government hereby makes the following rules, namely:- 1. Short title and commencement.-- (1) These rules may be called the Competition (Criteria of Combination) Rules, 2024. (2) They shall come into force with effect from the 10th day of September, 2024. 2. Definitions.-- (1) In these rules, unless the context otherwise requires, "Act" means the Competition Act, 2002 (12 of 2003). ( ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... se rules,-- (a) the parties to the combination and their respective group entities means-- (i) the ultimate controlling person of the acquirer and other entities forming part of the same group; (ii) the enterprise being acquired and its downstream entities forming part of its group; (iii) enterprises being merged or amalgamated, their controlling persons, and entities forming part of their ..... X X X X Extracts X X X X X X X X Extracts X X X X
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