COMPETITION LAW

1. Section – 3 of the Competition Act deals with _______________.

Prohibition of abuse of Dominance
Regulation of Combination
Competition Advocacy
None of the Above

2. Which of the following is not an example of Vertical Agreement?

Tie – in Agreement
Cartelization
Refusal to deal
Exclusive Supply Agreement

3. Procedure for Investigation of combination is laid down in _______________.

Section 25 of the Competition Act
Section 28 of the Competition Act
Section 29 of the Competition Act
Section 41 of the Competition Act

4. Test for Horizontal Agreement is _____________.

Rule of Reason
Per – Se Rule
AAEC Rule
All of the Above

5. Before enactment of Competition Act, Which Act dealt with control of monopolies in the
Indian Market?
MRTP Act of 1969
Patent Act of 1970
Trade Marks Act of 1999
All the above

6. When did the Competition Act, 2002 come in to force?

1 April, 2004
31 March, 2003
1 May, 2002
23 April, 2003

7. Which of the following as per the competition Act, 2002 is exempted as anti-Competitive
agreement.
Copyright
Patent
Trademark
All of the above
8. For the purpose of the inquiry under the MRTP Act, the commission has the power
equivalent to
Civil Court
Consumer Court
High Court
None of the these

9. By Which act government checks restrictive trade?

Industrial Policy Act 1991

MRTP Act

FEMA Act

None of the these

10. What is the main purpose of Competition Law?

To Protect Consumers
To intervene in the Economy
To remedy situation in which the market break down
All of the above

Section -2

Short Question & Answer

A. What is competition law? And What is a competitive market & uncompetitive market?
B. What is an agreement & anti-competitive agreement?

OR

A. What is a combination? What are the provisions related to combination in the Act?
B. What is the procedure for investigation of combination?

Section – 3

Long Question & Answer

A. Explain the competition law in indices.

OR

A. What is “Dominant” position & constitutes as abuse of dominant position?