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32 The desire by businesses to achieve strong competitive advantage through horizontal integration, related economies of scale involving large sales volumes and large barners to
32 The desire by businesses to achieve strong competitive advantage through horizontal integration, related economies of scale involving large sales volumes and large barners to entry could ultimately result in a corporation achieving a monopolistic position in a market. Seeking to maximise sales, Corporation A agreed with two of its competitors that it would place a high tender for a construction contract if they would agree to do the same for a future construction contract. What kind of unlawful market behaviour would most accurately be described as taking place? A. Horizontal exclusive dealing B. Bid rigging C Predatory pricing D Cartel conduct involving price agreements 33. Which of the following statements regarding unconscionable conduct is NOT correct? A Unconscionability protection is provided within the Australian Consumer Law B. Where a consumer is able to understand the contract documents that he/she is signing in relation to a consumer contract there is less likelihood of unconscionability protections being available C Unconscionable conduct laws are designed to protect consumers in consumer contracts but cannot generally protect businesses because businesses have the ability to understand and negotiate in relation to contracts and their formation D. Unconscionability rules provide important protections, and the consumer would need to prove the wrongs of the other party 'on the balance of probabilities 34. Cloud Ply Lid sells products to Dog Pty Ltd which then sells to Bat Pty Ltd for sale in its relail shops. A customer. Theresa buys one of the products however, the product is faulty Which party is protected by consumer laws in this case? A. Cloud Ply Lid B. Bat Ply Lid C Therese D Dog Ply Ltd
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