Corporate Law
Competition Law Violation
Conduct by businesses that harms fair market competition, such as cartelisation, abuse of a dominant market position, or anti-competitive agreements.
Competition law prohibits practices like price-fixing cartels, bid-rigging, and abuse of a dominant position to unfairly exclude competitors, with the Competition Commission empowered to investigate and impose significant penalties on violating businesses.
Certain mergers and acquisitions above specified thresholds also require prior approval from the Competition Commission before they can be completed.
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