Kimo runs a chain of health food supermarkets in Victoria, British Columbia.In the past, his stores offer a number of products that other major grocery retailers did not stock.As a result, Kimo enjoyed a loyal and steadily growing clientele.Recently, however, he has noticed that Global Foods, the major grocery retailer in the area, is offering several of his products, such as dried rice snacks, organic herbs, and shiatsu oils, at cut-rate prices.He cannot possibly match those prices without losing money.Kimo suspects that Global is selling those items below their cost in order to drive him out of business.If Global Foods is engaged in anti-competitive behaviour, it most likely is

Question

Quizplus · Accepted Answer

The behavior described fits the definition of the abuse of dominant position, where a dominant market player may use its position to engage in practices that unfairly restrict competition, such as selling products below cost to drive competitors out of the market.

Kimo Runs a Chain of Health Food Supermarkets in Victoria