Answer-What does 'cartel' include as per the Competition Act?

An association of producers, sellers, or service providers that, by agreement, controls or tries to control the production, distribution, sale, price, or trade of goods or services,Explanation Section 2 Definitions c 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.

Question

What does "cartel" include as per the Competition Act ?

A An association of buyers who limit the price of goods and services

B An association of producers, sellers, distributors, traders, or service providers who attempt to control the demand for goods

C A formal agreement between producers to increase the production of goods

D A group of distributors who focus only on increasing the sale of goods without controlling the price

E An association of producers, sellers, or service providers that, by agreement, controls or tries to control the production, distribution, sale, price, or trade of goods or services

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What does "cartel" include as per the Competition Act ?

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