The Provisions of the Competition Act Relating to Anti-Competitive Practice

question 22

Multiple Choice

The provisions of the Competition Act relating to anti-competitive practice can be grouped under three main headings.These do not include

• A)conspiracies.
• B)monopolizing.
• C)mergers.
• D)regulation of professions.

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Definitions:

Prevention

Actions or measures taken to stop something undesirable from happening, such as illness, error, or conflict.

Substitution

The act of replacing one element or factor with another, often in economic, mathematical, or chemical contexts.

Coping With Uncertainty

Refers to strategies and mechanisms individuals or organizations employ to manage and mitigate the stress or challenges brought about by uncertain situations or environments.

Visibility

The degree to which an individual's actions, contributions, or status within an organization are recognized and noticed by others.