What constitutes abuse of dominance under the Competition Act, 2002 ?
CS Executive · Economic, Business and Commercial Laws · PYQS · December 2018
What constitutes abuse of dominance under the Competition Act, 2002 ?
Answer & Explanation:
Abuse of dominant position impedes fair competition between firms, exploits consumers and makes it difficult for the other players to compete with the dominant undertaking on merit. Abuse of dominant position includes: Imposing unfair conditions or price, Predatory pricing, Limiting production/market or technical development, Creating barriers to entry, Applying dissimilar conditions to similar transactions, Denying market access, and Using dominant position in one market to gain advantages in another market.
Topics: Competition Act, 2002
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