Question

    What does the term "dominant position" refer to in the

    context of an enterprise operating in the relevant market in India under section 4?
    A A position that allows an enterprise to operate independently of competitive forces or influence competitors, consumers, or the market in its favor Correct Answer Incorrect Answer
    B A situation where an enterprise has the lowest market share among competitors Correct Answer Incorrect Answer
    C A temporary advantage gained through promotional offers or discounts Correct Answer Incorrect Answer
    D A market condition where competition is completely absent Correct Answer Incorrect Answer
    E A legal requirement for all enterprises operating in India Correct Answer Incorrect Answer

    Solution

    Section 4 Abuse of dominant position: Explanation.--For the purposes of this section, the expression-- (a) "dominant position" means a position of strength, enjoyed by an enterprise, in the relevant market, in India, which enables it to-- (i) operate independently of competitive forces prevailing in the relevant market; or (ii) affect its competitors or consumers or the relevant market in its favour.

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