What is an abuse of a dominant position?

September 09, 2016
What is an abuse of a dominant position?
An abuse of a dominant position occurs when a firm that has a position of economic strength in a product market engages in conduct that is likely to restrict or distort effective competition in that market.

From a regional perspective, Article 179 of the Revised Treaty of Chaguaramas prohibits any business conduct by a firm, or group of firms, that occupy a dominant position to the extent that its conduct frustrates the benefits expected from the establishment of the Caribbean Single Market and Economy (CSME). 
Common types of abuse by dominant firms

Some of the more common, and highly publicized, types of abuse by dominant firms over the recent years have included tied selling, margin squeezing and price discrimination.

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