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      Question

      Under competition law, a company or enterprise is said

      to hold a "dominant position" in a market if it exhibits which of the following characteristics?
      A Highest revenues in the industry Correct Answer Incorrect Answer
      B Lowest operating costs among competitors Correct Answer Incorrect Answer
      C Significant control over market pricing and conditions Correct Answer Incorrect Answer
      D Largest number of product variants Correct Answer Incorrect Answer
      E Highest employee strength Correct Answer Incorrect Answer

      Solution

      A dominant position implies the ability to act independently of market forces and influence pricing or supply. It doesn’t depend on size or variety but on market power.

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