MARK1020 Lecture Notes - Combines Investigation Act
18 Feb 2013
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Document Summary
Competition refers to the alternative firms that could. Provide a product to satisfy a specific market"s needs. In pure competition, every company has a similar. Oligopoly occurs when a few companies control the. Monopoly occurs when only one firm sells the. Practices or conditions that make it difficult for. Exist when they are few in number or there are low. Product is critical to the buyer or there are high. Small businesses make up the majority the of the. And medium sized enterprises) generating half of the. Laws place on business with regard to the conduct of its. The competition act was passed in canada to replace the. Violations such as price fixing, misleading marketing and. Other unlawful acts, and allows for the review of. New service, bbb online, to provide protection for. The bbb"s standards before they display the bbb logo on. Assoication has 80 per cent of all canadian firms.
