Meaning Of Dominant Position
A dominant undertaking does not encounter a sufficient amount of competitive pressure and a significant amount of the market power of the undertaking is.
Meaning of dominant position. Meaning of dominant position. According to explanation appended to section 4 of the competition act 2002 dominant position means the strength of an enterprise in the relevant market in india which enables the enterprise to operate independently of competitive forces prevailing in the market and to affect the consumers or competitors or the. Abuse is stated to occur when an enterprise or group of enterprises use its dominant position in the relevant market in an exclusionary land in an exploitative manner.
Delivering for consumers abuse of a dominant position. A dominant position manifests itself as a de facto possibility to prevent effective competition on the market and to behave in a manner independent of competitors customers and suppliers. Someone or something that is dominant is more powerful successful influential or.
Dominant position definition in english dictionary dominant position meaning synonyms see also dominant hemisphere dominant tenement dominant wavelength dominant seventh chord. A dominant position is not in itself anti competitive but if the company exploits this position to eliminate competition it is considered to have abused it. Enrich your vocabulary with the english definition dictionary.