New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    As per the Competition Act there shall be an abuse of

    dominant position if an enterprise or a group _______________
    A Directly or indirectly, imposes unfair or discriminatory condition in purchase or sale of goods or service Correct Answer Incorrect Answer
    B Directly or indirectly, imposes unfair or discriminatory price in purchase or sale (including predatory price) of goods or service Correct Answer Incorrect Answer
    C Limits or restricts production of goods or provision of services or market therefor Correct Answer Incorrect Answer
    D All a, b & c Correct Answer Incorrect Answer
    E Both a & b Correct Answer Incorrect Answer

    Solution

    Section 4 Abuse of dominant position: (2) There shall be an abuse of dominant position under sub-section (1), if an enterprise or a group—- (a) directly or indirectly, imposes unfair or discriminatory— (i) condition in purchase or sale of goods or service; or (ii) price in purchase or sale (including predatory price) of goods or service. (b) limits or restricts— (i) production of goods or provision of services or market therefor; or (ii) technical or scientific development relating to goods or services to the prejudice of consumers; or (c) indulges in practice or practices resulting in denial of market access in any manner; or (d) makes conclusion of contracts subject to acceptance by other parties of supplementary obligations which, by their nature or according to commercial usage, have no connection with the subject of such contracts; or (e) uses its dominant position in one relevant market to enter into, or protect, other relevant market.

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