Sentences with phrase «market power abuse»

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.
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