What Is a 'Per Se Offence' Under Part IV of the Competition

question 43

Multiple Choice

What is a 'per se offence' under Part IV of the Competition and Consumer Act 2010 (Cth) ?

• A)An offence arising from conduct that is criminal.
• B)An offence arising from conduct so obviously anti-competitive that it is prohibited outright.
• C)An offence arising from conduct that is designed to foster rivalry and competition and is therefore patently inequitable.
• D)An offence that arises out of conduct that in a particular case will lead to a substantial lessening of competition in the workplace.

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Definitions:

Breach

The action of violating or not adhering to a rule, contract, or ethical guideline.

Inspect

The act of examining or reviewing something carefully to determine its condition or to ascertain compliance with specific requirements or standards.

Merchantable

A legal term meaning something is of sufficient quality to be sold, meeting reasonable expectations for its kind.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States, intended to standardize and simplify the laws related to commerce and sales.