'Gateway' condition
Restrictive practice
Share of supply' test
'Asset' test
Answer is Wrong!
Answer is Right!
The correct answer is: C. Share of supply’ test.
A share of supply test is a test used to determine whether
a merger of companies results in over 25% of the market in the hands of the merged companies. This test is used to assess whether the merger is likely to have a negative impact on competition in the market.A gateway condition is a condition that must be met before a merger can be approved. This condition is usually used to protect competition in the market.
A restrictive practice is an agreement between companies that restricts competition in the market. This type of agreement is usually illegal.
An asset test is a test used to determine whether a merger is likely to result in a significant increase in the market power of the merged companies. This test is usually used to assess whether the merger is likely to have a negative impact on competition in the market.