Which of the Following Conduct by Two Competitors (A and B)who

question 4

Multiple Choice

Which of the following conduct by two competitors (A and B) who control a large share of their market would probably be regarded as illegal anti- competitive arrangements under s 45 of the Competition and Consumer Act?

• A)An 'understanding' between A and B that they will not compete on prices.
• B)A provides very bad services to customers who were previously with B so the customers will be motivated to return to B.
• C)After A and B discuss the quotes they will submit for a major tender project they submit identical quotes.
• D)All of the above.

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Definitions:

Negligence

The failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances.

Crab Salad

A dish typically made with crab meat, mayonnaise, and various other ingredients such as celery, onion, and seasonings.

Agony of the Moment

An intense, often fleeting emotional response to a particularly stressful or traumatic experience.

Act of God

An unforeseeable natural event, such as an earthquake, flood, or tornado, that cannot be prevented and is excluded from legal liability.