What Is Predatory Pricing Within the Context of the Competition

question 40

Multiple Choice

What is predatory pricing within the context of the Competition and Consumer Act 2010 (Cth) ?

• A)Fixing, controlling or maintaining the price of goods.
• B)Charging unrealistically low prices to try to force competitors out of the market.
• C)Refusing to supply a product unless the buyer agrees to not to buy or resupply products of a competitor.
• D)Refusing to supply a product to a buyer unless the buyer fixes a minimum price below which the product cannot be sold.

---

Definitions:

Provisional Credits

Temporary credits issued to a bank account, often while a transaction is under review or a dispute is being resolved, which can be reversed depending on the outcome.

Dishonor of a Check

The refusal by a bank to pay the amount stated on a check due to insufficient funds or other reasons.

Reversed

A decision or process that has been changed to go in the opposite direction, often used in the context of judicial decisions.

Payor Bank

The bank that dispenses the payment on a written draft or check upon presentation.