Meaning Of Dominant Position
Someone or something that is dominant is more powerful successful influential or.
Meaning of dominant position. Meaning of dominant position. Delivering for consumers abuse of a 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.
The abuse of dominant position is one of the ways of interfering with competition in the marketplace. Dominant position definition in english dictionary dominant position meaning synonyms see also dominant hemisphere dominant tenement dominant wavelength dominant seventh chord. 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.
A company can restrict competition if it is in a position of strength on a given market. 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. 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.