If a Business Has a Substantial Degree of Power in the Market

question 43

Multiple Choice

If a business has a substantial degree of power in the market, it may, without contravening the provisions of the Competition and Consumer Act 2010 (Cth) :

• A)Eliminate or damage a competitor.
• B)Prevent the entry of a person into that or another market.
• C)Engage in competitive rivalry.
• D)Deter or prevent a person from engaging in competitive conduct in that or another market.

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Definitions:

Water

A clear, flavorless, scentless, and almost colorless substance that is the primary component of the Earth's hydrosphere and the liquids found in every recognized living organism.

Hydrogen Bond

A delicate association between two molecules facilitated by the electrostatic attraction between a proton present in one and an electronegative atom in the other.

Ionic Bond

A chemical bond formed between two ions with opposite charges through the transfer of electrons.

Covalent Bond

A chemical bond formed by the sharing of one or more pairs of electrons between atoms to achieve stability.