With Reference to the Competition Act, Which of the Following

question 13

Multiple Choice

With reference to the Competition Act, which of the following is most likely to lessen market competition "unduly"?

• A) imposing limits or quotas on production
• B) agreeing that each firm produce a different type of product
• C) sharing markets on a territorial bases
• D) practicing conscious parallelism
• E) conspiring to set prices

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Definitions:

Interpersonal Skills

Abilities used to communicate and interact with others effectively, including listening, communication, and problem-solving skills.

Communicating

The act of exchanging information or expressing ideas and feelings verbally or nonverbally.

Social Norms

Shared standards of behavior that are considered acceptable within a group or society.

Organization Awareness

The extent to which an individual understands the dynamics and characteristics of the organization they work in, including its culture, politics, and social networks.