Definition of enterprise and market concepts shape scope of competition regulation and merger analysis under the Act. Section 2 provides the Act's primary definitions: acquisition includes acquiring shares, voting rights, assets or control; agreement covers any arrangement or concerted action whether formal or enforceable; cartel denotes coordinated producer or supplier conduct to limit production, distribution, sale or price. The enterprise concept is broad, including persons and government departments engaged in economic activity across production, distribution, services or securities, excluding sovereign government functions. Definitions of relevant product market and relevant geographic market centre on interchangeability, substitutability and homogeneity of competitive conditions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Definition of enterprise and market concepts shape scope of competition regulation and merger analysis under the Act.
Section 2 provides the Act's primary definitions: acquisition includes acquiring shares, voting rights, assets or control; agreement covers any arrangement or concerted action whether formal or enforceable; cartel denotes coordinated producer or supplier conduct to limit production, distribution, sale or price. The enterprise concept is broad, including persons and government departments engaged in economic activity across production, distribution, services or securities, excluding sovereign government functions. Definitions of relevant product market and relevant geographic market centre on interchangeability, substitutability and homogeneity of competitive conditions.
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