Question
Consider the following statements regarding Information
agreements under the Competition Act: Statement 1: Sharing of information between competitors about production volumes is automatically prohibited. Statement 2: Real-time sharing of customer price information between competitors can constitute cartel conduct. Statement 3: Information sharing through trade associations is always permissible. Statement 4: Historical information sharing has lower competitive risk than real-time sharing. Which statements are correct?Solution
Information exchange depends on context—Statement 1 is incorrect. Real-time pricing information can facilitate cartels—Statement 2 is correct. Trade association information sharing is not automatic exemption—Statement 3 is incorrect. Historical data has less competitive effect—Statement 4 is correct. Statements 2 and 4 are correct.
How many sections are there in BNS?Â
Golaknath v. State of Punjab (1967) held that:Â
Which of the following is a necessary or are necessary ingredients to constitute accident as a defence under the IPC?
Article 22(1) states: “No person who is arrested shall be detained in custody without being informed, as soon as may be, of the grounds for such arres...
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Within the respective spheres, the union and the state legislature are made supreme, and they should not encroach on the sphere reserved for other. This...
Which part of the Constitution contains provisions related to Panchayats?
If right to private defence is subjected to risk of harm to innocent person_______________?
Which Article of the Constitution empowers the State Legislature to endow Panchayats with necessary powers and authority to prepare plans for economic d...
Which section of IPC deals with when the right to private defence of body can extend to causing death?
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