Under the MRTP Act, a dominant firm is one that has a market share of:
A
10%
B
20%
C
25%
D
40%
Correct Option:
C
Explanation
Under the old MRTP framework, a firm with one-fourth or more of the relevant market share could fall within the "dominant undertaking" concept used by the Act. The MRTP Act itself is now repealed, so this is historical business-law GK rather than current competition law.
