Chapter 5

Question 1

The Competition Act for the fight against practices restrictive of competition and the control of economic concentration points out the following types of substantial acts for its policy:

Answer 1

D –> All of the above.

Question 2

The “forbidden agreements” laid down in Competition Law allude:

Answer 2

D –> To agreements, collective decisions, or recommendations, or concerted or consciously parallel practices that produce the effect of prevention, restriction, or distortion of competition in all or part of the national market.

Question 3

Forbidden agreements that are not sanctionable are only:

Answer 3

A –> Believed to have favorable effects for the consumer and produce improvements in terms of production, distribution, or marketing, or promoting technological progress.

Question 4

The law prohibits “abuse of a dominant position” and the competition authority shall assess whether the undertaking concerned is dominant or not defining the relevant market:

Answer 4

D –> All of the above

Question 5

Examples of behavior that may amount to an abuse of dominant position include:

Answer 5

D –> All of the above.

Question 6

The authority in charge of both competition and regulatory matters is:

Answer 6

A –> The CNMC

Question 7

When is an unfair practice deemed to arise?

Answer 7

D –> All of the above

Question 8

Acts of competitive disloyalty are:

Answer 8

A –> Acts of unfair competition prohibited by Competition Law, as they affect the public interest through the distortion of free competition by unfair acts.

Question 9

Which action can be brought to forestall the practice that may be taken against acts of unfair competition before it occurs?

Answer 9

A –> Cessation or injunction

Question 10

Industry codes of conduct:

Answer 10

A –> If broken, could be considered as “unfair competition”.