When a Dominant Company or Group of Companies Engages in Anticompetitive

question 38

True/False

When a dominant company or group of companies engages in anticompetitive behaviour to unduly prevent or lessen competition,the Competition Tribunal may order corrective action for the reviewable offence of abuse of dominant position.

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Definitions:

Code

A systematic collection, compendium, or revision of laws, rules, or regulations.

CISG

The United Nations Convention on Contracts for the International Sale of Goods, a treaty that provides a uniform international sales law.

Fix An Additional Period

Fixing an additional period involves granting an extension of time for the performance of an obligation or completion of a task.

Insolvent

Insolvent is a financial term used to describe a situation where an individual or entity is unable to meet their debt obligations due to insufficient assets.