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NameProhibition on abusing Dominant Market Position and Market Monopoly
DescriptionBusiness Operators are prohibited from abusing their dominant position by individually or jointly fixing the prices of selling and purchasing of goods and services unfairly;
Selling goods and services below costs and selling poor quality of goods; Refusing to sell goods and services to customers; and Imposing the terms of tied selling-buying of goods and services; Imposing the differentiation of prices or terms of purchasing and selling of the same kind of goods and services.
Comments-
Validity From14-07-2015
Validity To31-12-9999
ReferenceArticles 56, 21 and 31
StatusActive
Measure TypeProhibition
Agency NameBusiness competition commission
Legal DocumentLaw on Business Competition No. 60/NA, dated 14 July 2015
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