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:

Communication Style Bias

The tendency to favor or be prejudiced against certain communication styles over others, often leading to misunderstandings or conflict.

Emotive Communication

The expression and conveyance of emotions through verbal or non-verbal means.

Excess Zone

A situation where desired or necessary levels of something, such as production or capacity, are exceeded, leading to inefficiency or waste.

Directive Communication

A style of communication that focuses on clear, concise instructions and expectations, often used in leadership.