Write short notes on Cartels.
CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · December 2020
Write short notes on Cartels.
Answer & Explanation:
Cartel is defined under Section 2(c) of Competition Act, 2002. According to the definition "cartel" includes an association of producers, sellers, distributors, traders or service providers who, by agreement amongst themselves, limit, control, or attempt to control the production, distribution, sale or price of, or, trade in goods or provision of services.
Topics: Competition Law
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