https://www.taxtmi.com/acts?id=44196 Regulation 2 sets definitional standards for competition-law cost assessments, linking undefined terms to the Act and identifying the Commission. It defines total cost as actual production cost including material, direct labour, direct expenses, overheads, quality control, R&D, packaging, finance and administrative overheads; total variable cost as total cost minus fixed costs; average variable cost as total variable cost divided by output; total avoidable cost and average avoidable cost; long run average incremental cost; market value; and marginal cost. en-us Thu, 19 Sep 2024 11:36:17 +0530 Tue, 08 Oct 2024 14:15:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=44196 Regulation 2 sets definitional standards for competition-law cost assessments, linking undefined terms to the Act and identifying the Commission. It defines total cost as actual production cost including material, direct labour, direct expenses, overheads, quality control, R&D, packaging, finance and administrative overheads; total variable cost as total cost minus fixed costs; average variable cost as total variable cost divided by output; total avoidable cost and average avoidable cost; long run average incremental cost; market value; and marginal cost. Act-Rules Law of Competition Thu, 19 Sep 2024 11:36:17 +0530 https://www.taxtmi.com/acts?id=44196