Define the Pricing Policy Offence Under S

question 57

Short Answer

Define the pricing policy offence under s. 45 of the Competition Act and indicate what the penalties are for a conviction of this offence.

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Definitions:

Theory

A system of ideas intended to explain something, based on general principles independent of the thing to be explained.

Data Analysis

The process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making.

Qualitative Data

Data that is descriptive and conceptual, often gathered through observations, interviews, and narratives.

Categorization

The process of identifying an item of data as belonging to a category predetermined by the researcher or generated from the information provided by informants.