The Difficulties of Establishing the Extent of a Particular 'Market

question 2

Multiple Choice

The difficulties of establishing the extent of a particular 'market' under Part IV of the Competition and Consumer Act 2010 (Cth) are numerous.This is because:

• A)The economy is divided into a large number of discrete markets.
• B)Trading activities cannot be neatly fitted into clearly defined markets.
• C)The outer limits of particular markets are very clear but are different in scope from one another.
• D)One market tends not to overlap another.

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Definitions:

OR Operator

It is a logical operator used in programming languages to combine two or more conditions. It returns true if at least one condition is true.

Negation Operator

A unary operator used in many programming languages to invert the truth value of a boolean expression.

Pseudocode

A simplified, notational form of a computer programming code not executable by the computer but understandable to programmers.

Boolean Condition

An expression that evaluates to either true or false, used to control the flow of a program.