What does the Competition Act aim to ensure?
A) no mergers of large corporations that restrict competition
B) small businesses are treated the same as big businesses
C) there are no monopolies
D) competition is not cut-throat

Question

What does the Competition Act aim to ensure? 
A) no mergers of large corporations that restrict competition
B) small businesses are treated the same as big businesses
C) there are no monopolies
D) competition is not cut-throat

Quizplus · Accepted Answer

The Competition Act aims to ensure that there are no monopolies, as stated in Section 32 of the Act.

Answer: A,D
 The Competition Act aims to ensure that large corporations do not engage in anti-competitive behavior, such as mergers that restrict competition, while also ensuring that competition is not "cut-throat," as stated in Section 1 of the Act. However, the Act does not specifically address treating small businesses the same as big businesses.

What Does the Competition Act Aim to Ensure