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All of the following are examples of unfair competition, except

(a) two firms agreeing to fix their prices.(b) three companies agreeing to share a market between them.(c) a monopolist charging excess prices for its product.(d) exploiting a patent that the firm has on a product it has developed itself.

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Question added by Kishor Vadher , Sales Manager , Hausstrom ltd. Lagos
Date Posted: 2015/03/24
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option >>>>>>>>>> (d) exploiting a patent that the firm has on a product it has developed itself.

Muhammad Adeel
by Muhammad Adeel , Sales And Marketing Executive , TANZEEM HEAVY EQUIPMENT RENTAL LLC

Agreed with all, it's Option D.

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

(d) exploiting a patent that the firm has on a product it has developed itself.

That's the only fair and legal supposedly.

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

(d)exploiting a patent that the firm has on a product it has developed itself

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