Economics · Economy
Match LIST-I with LIST-II regarding the provisions and terms under the Competition Act, 2002: LIST-I (Concepts / Provisions) A. Section 18 B. Collusive Tendering C. Price Fixing D. Collusion in Technical Standards LIST-II (Descriptions) I. An agreement among businesses to set prices at a certain level, thereby eliminating pricing competition. II. A practice where competitors coordinate their responses to ensure that a particular bid is successful. III. An agreement to establish parameters that favor certain companies, restricting the entry of alternative technologies. IV. A framework enabling collaboration with foreign competition authorities to ensure consistent enforcement of laws. Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A-II, B-I, C-IV, D-III
- 2A-IV, B-II, C-I, D-III✓
- 3A-IV, B-III, C-I, D-II
- 4A-III, B-II, C-IV, D-I
Correct answer
A-IV, B-II, C-I, D-III
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