What agreements are anti competitive agreements under the Competition Act, 2002?
CS Executive · Economic, Business and Commercial Laws · PYQS · December 2018
What agreements are anti competitive agreements under the Competition Act, 2002?
Answer & Explanation:
Anti-competitive agreement is an agreement having appreciable adverse effect on competition. Anti-competitive agreements include, but are not limited to: Agreement to limit production and/or supply; Agreement to allocate markets; Agreement to fix price; Bid rigging or collusive bidding; Conditional purchase/ sale (tie-in arrangement); Exclusive supply / distribution arrangement; Resale price maintenance; and Refusal to deal.
Topics: Competition Act, 2002
Related Questions in this Topic
- Discuss the power of the Competition Commission of India to impose lesser penalty under the Competition Act, 2002.
- Discuss the duties of the Director General as per the Competition Act, 2002.
- Explain the provisions of Section 42A of the Competition Act, 2002 regarding Compensation in case of Contravention of or...
- 'Bid rigging is Anti-Competitive'. Explain the above statement in the context of the Competition Act, 2002.
- State the duties of Competition Commission of India under Section 18 of the Competition Act, 2002.