According to the ACCC, a Misuse of Market Power by a Business

question 36

Multiple Choice

According to the ACCC, a misuse of market power by a business is generally not the type of conduct that:

• A)Raises the costs of entry into the market.
• B)Adversely affects the competitive process in the market.
• C)Adversely affects consumers in terms of price, quality availability choice or convenience.
• D)Can be explained in terms of efficiency or genuine commercial rivalry.

---

Definitions:

Clothing

Clothing refers to items worn on the body, typically made from fabrics or textiles, but can include garments made from animal skin or other thin sheets of materials put together, serving to protect, adorn, or fulfill social and cultural expressions.

Price Decrease

refers to a reduction in the cost of goods or services in the market.

Consumer

An individual or group that purchases goods or services for personal use, not for manufacture or resale.

Income

Money received, typically on a regular basis, for work or through investments.