Monopoly Is Related to Abuse of Dominant Position Because

question 28

Multiple Choice

Monopoly is related to abuse of dominant position because

• A)monopolization requires a conspiracy and an intent to monopolize.
• B)in order for an abuse of dominance to occur, a firm must have substantial control over market share, and monopoly is one example of such control.
• C)abuse of dominant position occurs when conduct results in even a minor reduction in competition.
• D)both are considered criminal matters under the Competition Act and both are referred to the Attorney General for prosecution.
• E)both are subject to the defence of due diligence.

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Definitions:

Significance Level

The threshold below which a p-value is considered strong enough to reject the null hypothesis in statistical testing.

Degrees of Freedom

The number of independent values or quantities that can vary in the calculation of a statistic, often impacting its distribution.

One-sample Chi-square Test

A statistical test used to determine whether there is a significant difference between the expected frequencies and the observed frequencies in one or more categories.

Degrees of Freedom

The number of independent pieces of information available to estimate another piece of information or the parameters in a statistical model.