Which of the following statements best describes the provisions under section 50 of the Competition and Consumer Act 2010 (Cth)? Question 9Answer A. Prohibits the acquisition of shares either directly or indirectly in another corporation if the acquisition would have the effect of substantially lessening competition in any market. B. A corporation may apply for a notification for conduct which it proposes to engage in which might breach the provisions under section 50. C. The Australian Competition and Consumer Commission (ACCC) can authorise acquisitions which would cause a substantial lessening of competition on public benefit grounds. D. All of the above. Jump to