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.

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Definitions:

Cells

The basic structural, functional, and biological unit of all known living organisms, consisting of cytoplasm enclosed within a membrane.

Cardiovascular

Pertaining to the cardiovascular system, which includes the heart and the network of arteries, veins, and capillaries that circulate blood throughout the body.

Nutrients

Substances required by the body for growth, energy, repair, and maintenance.

Nervous

Relating to the nervous system, which is comprised of the brain, spinal cord, and a network of neurons that convey signals throughout the body.