While interconnections with other countries will curb the potential for
market power abuse, the government should closely monitor the situation to ensure the market remains competitive.
Not exact matches
In February 2015, Qualcomm paid a $ 975 million fine in China following a 14 - month probe, while the European Union in December 2015 accused it of
abusing its
market power to thwart rivals.
In December, South Korean regulators fined Qualcomm a record $ 854 million for
abusing its
power in the smartphone chip
market and overcharging device makers.
Since Mr. Xi came to
power, China's leadership has recentralized
power to focus on anti-corruption and
abuse of
power by officials, as well as developing big plans for
market reform and opening the country to foreign investment.
The Physician's Desk Reference (PDR), an encyclopedic compendium of prescription drugs
marketed in the U.S., devotes six pages to a description of the
powers and hazards of this drug, its uses and
abuses.
They lead to the
abuse of
power which is clearly seen, for example, in the
abuse of the free
market principle as discussed in Chapter 4.
There's so much room for
abuse by
power - players that the free -
market functions more like a plantation with a captive work force.
There is the material kind of poverty, which is primarily caused by
abuses of
power or deficiencies in access to the
markets that produce goods and services.
CBH insisted over and again to the competition regulator, to its owners and customers and to the media that Brookfield would likely
abuse the
market power delivered it by the alliance of the rail tracks it already owned in WA and the giant freight train company that would arrive with a successful run at Asciano.
After giving grocery retailing a clean bill of health in 2008, the ACCC is looking at the sector with a fresh set of eyes amid accusations from suppliers and competitors of unfair dealings and
abuse of
market power by the major chains.
The Senate Economics Committee today released its report on the Competition and Consumer Amendment (Misuse of
Market Power) Bill 2016which will, amongst other things, introduce an effects test into Australia's abuse of power
Power) Bill 2016which will, amongst other things, introduce an effects test into Australia's
abuse of
power power laws.
We heard about the new supermarket adjudicator appointed under the UK's mandatory supermarket code of conduct, and how she intended to exercise her
powers, including by the imposition of «punitive fines» based on a percentage of turnover in the event of repeated
abuses of
market power down the supply chain by the supermarket majors.
The recommendations relating to competition have not been enacted (yet)- they included reinstating specific anti-price discrimination provisions, inhibiting firms achieving
market power through takeovers or
abusing market power (because they didn't think ss 46 and / or 50 were effective in achieving this) and expressly defining «
market power» «so that it is less than
market dominance and does not require a firm to have unfettered
power to set prices» (apparently they were unfamiliar with the 2007 amendments to s 46).
«Marsh's behavior was a blatant
abuse of law and
market power: price - fixing, bid - rigging and kickbacks,» Spitzer wrote in the piece, which he said he penned to counter a Wall Street Journal editorial that sought to «disparage the cases my office brought against Marsh & McLennan.»
If at some point in the future, Amazon were to
abuse its
market power, that would create an opportunity for another platform to compete and offer better terms — just as high prices opened the door in the past for B&N in the 80s, and Amazon more recently.
That's a clear
abuse of their
market power, and served little purpose while penalizing people who had nothing to do with the core business problem.
The underlying issue of Amazon
abusing their
market power by pulling the print titles to score points in an ebook pricing dispute is unresolved, and probably unresolvable.
It was another demonstration of their ability to
abuse their
market power.
To pressure publishers over the past 11 years, Amazon has
abused that immense
market power.
It was to me definitely an
abuse because it was using its
power to get a better price on its contract by holding off the
market books that people wanted to read.
Today, a fact finding team of five non-governmental organizations (NGOs)-- the Sierra Club, 350.org, Carbon
Market Watch, Friends of the Earth U.S. and Pacific Environment — released a scathing report, The U.S. Export - Import Bank's Dirty Dollars, on the rampant human rights
abuses at the U.S. Export - Import Bank (Ex-Im) financed Sasan coal - fired
power plant and mine in Singrauli, India.
The skeptics are a product of the things that can be gotten away with in free
market (or socialist or capitalist or communist) economics (or any other economic system that allows the
abuse of
marketing and
power to unjustifiably drum up potential popularity for understandably unsustainable and damaging activity.
Rona specialises in UK and EU competition and regulatory law, including in relation to securing merger clearances,
market investigations, investigations of anti-competitive agreements,
abuses of
market power and in the context of antitrust litigation at the Competition Appeal Tribunal, the High Court, the Administrative Court and the European courts.
Chris has worked on numerous high profile antitrust matters and specialises in all aspects of EU and UK competition law, including antitrust investigations, cartels,
abuse of
market power, and merger control.
Abuse of dominance (s. 78 - 79) occurs where a firm that has
market power (dominance) engages in a practice of anti-competitive acts, causing a substantial lessening or prevention of competition.
The Office of Fair Trading (OFT) has the
power to impose financial penalties and prohibitions, and enjoys wide
powers to investigate cartels,
market position
abuse breaches and monopoly investigations.
The directives are pretty much the same, be transparent and timely in your disclosures, and avoid the
abuse of certain
market powers a company might have.
Chris has over 10 years» experience in all aspects of competition law including antitrust investigations, cartels,
abuse of
market power and merger control.
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[51] Mr Willett accepts government regulation of mining provided it is «well - designed government measures that discriminate against certain activities in order to improve efficiency by correcting
market failure (excessive pollution,
abuse of monopoly
power, etc)».
Antitrust laws also make it illegal to operate a monopoly and
abuse the
power of one who has a monopolistic
market position.
Officials with the Toronto Real Estate Board are expected to appear before a Competition Tribunal Monday to respond to allegations that the trade association is
abusing its «substantial
market power» and hurting consumers.
«TREB has
abused, and continues to
abuse, its substantial
market power and control of relevant
markets to reduce competition and protect its member brokers» interests at the expense of consumers,» says Gregory Vistnes, a vice president with Washington - based consulting firm Charles River Associates in a 189 - page report filed as part of the complex case.