Question
Which agreements, if, entered into between enterprises
or persons or between any person and enterprise or practice carried on, or decision taken by, any association of enterprises or persons, including cartels, engaged in identical or similar trade of goods or provision of services shall be presumed to have an appreciable adverse effect on competition as per section 3 of the Competition Act?Solution
Section 3. Anti-competitive agreements: (3) Any agreement entered into between enterprises or associations of enterprises or persons or associations of persons or between any person and enterprise or practice carried on, or decision taken by, any association of enterprises or association of persons, including cartels, engaged in identical or similar trade of goods or provision of services, which--(a) directly or indirectly determines purchase or sale prices; (b) limits or controls production, supply, markets, technical development, investment or provision of services; (c) shares the market or source of production or provision of services by way of allocation of geographical area of market, or type of goods or services, or number of customers in the market or any other similar way; (d) directly or indirectly results in bid rigging or collusive bidding, shall be presumed to have an appreciable adverse effect on competition.
The ratio of length to breadth of a rectangle is 5:4, respectively. Perimeter of rectangle is 270 cm. If each side of a square is 25% more than the brea...
The length of a rectangle is 15 cm more than its width. If the area of the rectangle is 240 cm², what is the perimeter of the rectangle?
In a division the quotient is 12, the divisor is 15 and the remainder is 7. What is the dividend?
What is the volume of a cylinder if the radius of the cylinder is 19 cm and the height is 21 cm? (Take π = 22/7)
A square’s side is 25% less than the length of a rectangle. The area and breadth of the rectangle are 2000 cm² and 40 cm respectively. Calculate the ...
If the area of a rhombus is 18954 m² and the ratio of the diagonals is 27: 39, then find the length of the shorter diagonal.
Perimeter of a rectangle is 40% more than that of a square of side 40 cm. If difference between length and breadth of the rectangle is 8 cm, then find t...
If (x + 6y) = 8, and xy = 2, where x > 0, what is the value of (x3 + 216y³)?
A rectangular ground is 95 metre long and 75 metre broad. If two 10 metre wide paths one parallel to the breadth and one parallel to the length, of the�...
A sphere is melted to form 81 identical cylinders. If radius of each cylindrical is 1/3rd of the radius of sphere and height of each cylinder...