Question
A pharmaceutical company with 60% market share in a
particular drug category refused to supply to a distributor who was also selling competitors' products. The refusal had no legitimate justification. Under Section 4 of the Competition Act, which statements are correct? Statement 1: The company's refusal constitutes abuse of dominance under Section 4. Statement 2: Market share of 60% establishes dominance for Section 4 purposes. Statement 3: The refusal is justified if the distributor failed to meet payment obligations. Statement 4: Refusal to supply can be an abuse even by a dominant firm if it causes exclusionary effects. Which statements are correct?Solution
Refusal to supply by dominant firm is abuseāStatement 1 is correct. 60% market share indicates dominanceāStatement 2 is correct. Failure of legitimate justification makes it abuseāStatement 3 is incorrect (could be justified). Refusal with exclusionary intent is abuseāStatement 4 is correct. Statements 1, 2, and 4 are correct.
Which among the following words cannot be formed using the letters of the given word only once? COMPUTERIZED
In a certain code language, "BRIGHT" is coded as 61 and "FLASH" is coded as 50. How will "GLOW" be coded?
Select the word which cannot be formed using the letters of the given word.
PLATINUM
Three of the following words are alike in a certain manner and one is different. Select the odd word out.
Find which one of the given words cannot be made from the letters of the given word.
ā TRUNCATION ā
...- Which among the following words cannot be formed using the letters of the given word "IMAGINATION" using each letter only once?
Arrange the following words as per order in the dictionary:
1. Euphrasy
2. Eupepsy
3. Euphonics
4. Eugenics
5. Euphony
Which of the following words cannot be formed using the letters of the word TRANSFORMATION by using each letter only once?
Find which one of the given words cannot be made from the letters of the given word.
ā PUNISHMENTā
...Six family members are sitting in a row. Ana is sitting towards immediate left of Ben and immediate right of Cen. Cen is sitting to immediate right of F...
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