The Competition Act, 2002, prescribes penalties for various violations. Section 44 specifically addresses penalties for failure to provide material information related to combinations.
Penalty for Omission to furnish material information by a party to a combination under the competition Act is provided in
Asked in Paper I 5 · Topic: Lokpal and Important Commissions (Central Vigilance Commission (CVC): Mandate, structure, appointment, and functions)
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