Which of the Following Practices Is Not Penalized by the European

question 7

Multiple Choice

Which of the following practices is not penalized by the European Union as a competition authority?

• A)fixing prices
• B)entering another EU country without agreement of national authorities
• C)anti-competitive practices by a dominant player in a market
• D)agreements between two companies not to compete in each other's home market

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Definitions:

T-Bill

Short-term government debt security with a maturity of less than one year.

Simple Interest

A method of calculating interest where it is applied only to the principal amount, not on the accumulated interest.

Profit

The financial gain obtained when revenue from business activities exceeds the expenses, costs, and taxes involved in operating.

Simple Interest

An interest calculation method where the charge is based on the original principal amount, unaffected by the added interest.