This refers to obtaining ownership and control by one firm, in whole or in part, of another firm or business entity.

This is where a dominant firm in the economy uses its position for economic gain at the expense of fair competition.

A restrictive trade practice can be exempted if the benefit accruing to the public outweighs the lessening of competition.

Means the existence of close directorship between two distinct undertakings or companies producing substantially similar goods or services and whose combined market share is more than 40 per cent.

These include false or misleading representation regarding standards, quality, value, grade, composition, style and model of a product/service.