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Primex Is a Discount Broker That Has Offices Across Canada

Question 40

Multiple Choice

Primex is a discount broker that has offices across Canada.In recent years, it has used a number of innovative practices in order to grab more than 90 percent of the market for discount brokerage services.Its online services are second to none.The company also has a policy of filling orders almost instantly.Other discount brokers are irked by what they see as Primex's abuse of its dominant position.They are worried Primex is grabbing more and more market share by taking advantage of its presence in every significant town in the country.If a complaint was made that Primex was engaged in an abuse of dominance, Primex could successfully plead


A) the defence of due diligence.
B) none of the defences, because Primex has deliberately exercised an abuse of dominant position.
C) the concept of superior competitive performance.
D) the defence of felix confractus (which means "lucky break") .
E) the defence that it does not control the market because it has less than 100 percent of the discount brokerage business.

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