What is Anti-competitive Conduct?
Two main types of anti-competitive conduct:
2. Abuse of substantial market power
Cartels: It occurs when competing businesses collude to fix prices, allocate markets or rig bids instead of competing with each other to win business, thus harming competition.
Other arrangements / agreements between businesses that may harm competition:
Abuse of substantial market power: when a business with substantial market power uses that power to exclude competitors from the market or exploit consumers.
Common types of abusive conduct:
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