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?

A Statements 1 and 3 only
B Statements 2, 3, and 4 only
C Statements 2 and 4 only
D Statements 1, 2, and 4 only
E All statements are correct
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