Unfair competition Ling Pre-MBA Brant Williams September 23‚ 2012 In this society‚ the development of economic is rapid. So competition becomes inevitable. It plays a regulatory function in balancing demand and supply. In this case‚ unfair competition arises at the historic moment. Unfair competition means unjust and often illegal attempt to gain unfair competitive advantage through false‚ fraudulent‚ or unethical commercial conduct. Examples include below-cost
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Competition act case MONDAY‚ 13 SEPTEMBER 2010 CCI v SAIL: Supreme Court Gets it Right! In a telling judgement‚ the Supreme Court of India‚ on Sep. 9‚ 2010‚ has effectively and judiciously circumscribed the boundaries of exercise of power by both the Competition Commission of India (CCI/Commission) and the Competition Appellate Tribunal (“the Tribunal”) while delivering its verdict in the much awaited case Competition Commission of India v. Steel Authority of India Ltd. This Note captures the highlights
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Perfect Competition‚ Monopoly‚ Monopolistic Competition and Oligopoly Introduction Market can be defined as an area where buyers and sellers meet and come in contact with each other by any means of communication in order to get information‚ exchange of various goods and services and are interested to do business. From this definition we may be traced out following four essentials which market has: 1. The existence of good which is dealt with. 2. The existence of buyer and seller. 3. The existence
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(Porter‚ 1998‚ p.45). The airline industry is very competitive and Michael Porter’s five-forces model can be used to analyse the intensity of the competition and the profitability of this industry. Porter’s five forces model is a business unit strategy tool which is used to make an analysis of the value of an industry structure (Hubbard‚ 2004‚ pg 35). The analysis is made by the identification of 5 fundamental competitive forces. These include: Threat of new entrants is high One of the forces identified
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An Analysis of “Competition in the Golf Industry” It is unknown when the game of golf originated‚ but it is believed that people began playing in Europe during the middle ages. In the United States‚ golf was a sport primarily played by the wealthy individuals until tournaments began being televised. Since then‚ golf has grown to be a very lucrative industry with over 27 million golfers nationwide by the end of the 1990’s. “Competition in the Golf Equipment Industry‚” a case study written by John
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Table of Contents Introduction of Competition………………………………………………………………………2 Economic Phases in India…………………………………………………………………………4 The Competition Act‚ 2002……………………………………………………………………….8 Anti – Competition Agreements (Section 3)…………………………………………….10 Abuse of Dominance (Section 4)………………………………………………………...11 Regulations of Combinations (Section 6)………………………………………………..13 Competition Advocacy (Section 49)…………………………………………………….16 Competition Commission of India………………………………………………………………18
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Competition is something that everyone has in his or her life. When you are young and still studying in school‚ you would compete with your classmates for better grades‚ when you get older and go to work‚ you would compete with your colleagues so as to please the boss more with your work and get a promotion to a higher position with better salary. Companies compete with each other to get more customers and slowly expand their business. Countries compete with each other for a better economy. Even
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purpose of this experiment was to examine how low and high densities of radish and wheat seeds affect the plants growth rate and competition. The competition occurs when resources are limited to the plants. The two types of competitions that occur are interspecific and intraspecific. Interspecific is a competition between two different species and intraspecific is a competition between the plants own species. This experiment was conducted by taking 6 pots containing soil and placing certain amount of
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Competition Improves Us All In his book No Contest: The Case against Competition (1986)‚ Alfie Kohn poses the question‚ “Is competition more enjoyable?” (277). He proceeds to argue in favor of noncompetitive activities by eliminating competition completely in his No Contest article. Based on research‚ a student interview and a study by the NYU child center‚ we will look at the advantages of competition and the effects it has on each of us. Since the Ancient Mesopotamian Era and Gilgamesh‚ sports
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Eleven monopolistic competition and oligopoly CHAPTER OVERVIEW Pure competition and pure monopoly are the exceptions‚ not the rule‚ in the U.S. economy. In this chapter‚ the two market structures that fall between the extremes are discussed. Monopolistic competition contains a considerable amount of competition mixed with a small dose of monopoly power. Oligopoly‚ in contrast‚ implies a blend of greater monopoly power and less competition. First‚ monopolistic competition is defined‚ listing
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