Question
A dominant steel manufacturer imposed a requirement on
its distributors to maintain minimum markup percentages and not stock competitors' products. Distributors who violated were threatened with supply suspension. Under Section 4, which statements are correct? Statement 1: Imposing markup requirements on distributors is abuse of dominance. Statement 2: The exclusive stocking requirement is justified for brand protection. Statement 3: Threatening supply suspension for non-compliance with anticompetitive conditions is abuse. Statement 4: The manufacturer must prove legitimate business reasons for these requirements. Which statements are correct?Solution
Imposition of anticompetitive conditions is abuse—Statement 1 is correct. Exclusive stocking requires legitimate justification—Statement 2 is incorrect. Threatening enforcement of anticompetitive conditions is abuse—Statement 3 is correct. Dominant firms bear burden of justifying conduct—Statement 4 is correct. Statements 1, 3, and 4 are correct.
What is the pattern of assistance for women beneficiary for purchase of power tiller (8 H.P and above) under Sub-mission on Agricultural Mechanization (...
Which one of the following strategies does not help in preventing the incidence of ‘whitefly’ in cotton?
Match List 1 with List II
List I
List II
A. Parallel system
I. Junction box
B....
A person performs vegetable cultivation, fishery, woody crops but that is for self consumption. It is called as
In plant, the cell walls of ___ cells are coagulated with the deposition of suberin which makes them impervious to water and air.
Which of the following diseases results in thickening of the intestine of animals?
Moisture content in paddy after dying should be
A special practice in which male buds are removed after completion of female phase is done in which fruit crop_______
What type of agricultural marketing system involves a single intermediary who buys products from farmers and sells them to retailers or consumers?
Certification shall be conducted by the certification Agency notified under which of the following section of the Seeds Act, 1966.
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