'Dominant position' of an enterprise is reflected in which of the following situations? (A) Position of…
Under s.4 of the Competition Act, 2002 a dominant position is a position of strength enjoyed in the relevant market in India that lets an enterprise operate independently of…
Choose your answer
'Dominant position' of an enterprise is reflected in which of the following situations?
(A) Position of strength in the relevant international market
(B) Enterprise operating independently of market forces in India
(C) Affecting competition or consumers of relevant market in India in its favor
(D) Position of strength enjoyed in relevant market in India
Answer and explanation
Correct answer D
Under s.4 of the Competition Act, 2002 a dominant position is a position of strength enjoyed in the relevant market in India that lets an enterprise operate independently of competitive forces or affect competitors and consumers of the relevant market in its favour, giving "(C), (D), (B) Only". Strength in an international market is not the test.
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UGC NET Law
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