Which of the following is an example of abuse of dominant position?
A dominant position is not in itself anti-competitive, but if the company exploits this position to eliminate competition, it is considered to have abused it. Examples include: charging unreasonably high prices. depriving smaller competitors of customers by selling at artificially low prices they can’t compete with.
What is market dominance strategy?
Market dominance strategies are marketing strategies which classify your business by reference to your market share or dominance of an industry. In defining market dominance, you must see to what extent your offerings control a product category in a given geographic area.
Is Tiger afraid of Lion?
The University of Minessota’s Lion Research Center says that the plan has been delayed for fear that the native tigers would kill the lions. But in the wild, they say, tigers and lions fight quite differently: However, a lion coalition of 2–3 males would have a clear advantage over a lone tiger.
What is abuse of a dominant market position?
These sections of competition law decide what is considered an abuse of a dominant market position. Abuse of a dominant market position is defined as the actions conducted by an organisation with the intent to adversely affect competitors and other organisations in the market.
What does Article 102 Prohibit?
Article 102 of the Treaty on the Functioning of the European Union (TFEU). This prohibits any abuse by one or more undertakings of a dominant position within the internal market or in a substantial part of it, as incompatible with the internal market in so far as it may affect trade between EU member states.
Are humans predators or prey?
It is important to acknowledge that humans have been predators or scavengers throughout our evolutionary history, in that we are animals that eat other animals (we are, in fact, omnivores—see below).
What is a predatory relationship?
The predator prey relationship consists of the interactions between two species and their consequent effects on each other. In the predator prey relationship, one species is feeding on the other species. The prey species is the animal being fed on, and the predator is the animal being fed.
What are the 3 types of predation?
There are four commonly recognized types of predation: (1) carnivory, (2) herbivory, (3) parasitism, and (4) mutualism. Each type of predation can by categorized based on whether or not it results in the death of the prey.
What is Competition Act combination?
Section 5 of the Competition Act explains combination as: Acquisition Of One Or More Enterprises By One Or More Persons Or Merger Or Amalgamation Of Enterprises Shall Be A Combination Of Such Enterprises And Persons Or Enterprises.
What is abuse of dominance competition law?
Abuse of a dominant position occurs when a dominant firm in a market, or a dominant group of firms, engages in conduct that is intended to eliminate or discipline a competitor or to deter future entry by new competitors, with the result that competition is prevented or lessened substantially.
What is dominant undertaking?
A dominant position may in some instances be jointly held by more than one undertaking without any of them holding a dominant position individually. A dominant undertaking may also harm the competitive process in other ways, for example by creating entry barriers or slowing down innovations.
What is an emotional predator?
An emotional predator is someone who hat enjoys watching (or causing) pain in others. It gives them a sense of powerfulness or importance they may not feel in other parts of their lives. These emotional predators can show up in any type of relationship, romances, friendships, or in the workplace.
What makes a high low pricing strategy appealing to sellers?
What makes a high/low pricing strategy appealing to sellers? It attracts two distinct market segments. the price against which buyers compare the actual selling price.
What is dominant position?
Dominant Position has been defined as a position enjoyed by an enterprise whereby enables it to. operate independently of competitive forces prevailing in the relevant market; or. affect its competitors or consumers or the relevant market in its favour.
What are 3 examples of predation?
At the level of the community, predation reduces the number of individuals in the prey population. The best-known examples of predation involve carnivorous interactions, in which one animal consumes another. Think of wolves hunting moose, owls hunting mice, or shrews hunting worms and insects.
What are examples of predator/prey relationship?
Some examples of predator and prey are lion and zebra, bear and fish, and fox and rabbit. The words “predator” and “prey” are almost always used to mean only animals that eat animals, but the same concept also applies to plants: Bear and berry, rabbit and lettuce, grasshopper and leaf.
What is another word for predatory?
Predatory Synonyms – WordHippo Thesaurus….What is another word for predatory?
How is predatory pricing characterized?
Predatory Pricing: In common parlance, Predatory pricing may be defined as pricing below an appropriate measure of cost for the purpose of eliminating competitors in the short run and reducing competition in the long run. It is a practice that harms both competitors and competition.
Which does not amount to abuse of dominant position?
North Delhi Power Ltd., the CCI observed that Section 4 of the Competition Act does not prohibit an enterprise from holding a dominant position in a market, it does place a special responsibility on such enterprises, in requiring them not to abuse their dominant position.
What is a predatory?
1a : of, relating to, or practicing plunder, pillage, or rapine. b : inclined or intended to injure or exploit others for personal gain or profit predatory pricing practices. 2 : living by predation : predaceous also : adapted to predation.
What construes the abuse of dominant position under competition act?
Denial of access to showcase, barriers to entry and development: Any condition that makes forswearing access to the market in any way will comprise an abuse of the dominant position.
What is the definition of predatory pricing?
Predatory pricing is the illegal act of setting prices low in an attempt to eliminate the competition. Predatory pricing violates antitrust law, as it makes markets more vulnerable to a monopoly.