Practice question
Competitors agree to halt investment in new technology. The agreement is not price fixing or bid manipulation but has the object of substantially restricting competition. Which classification directly applies?
- Automatically Section 14(a) bid rotation
- No provision can concern technology
- Only a merger notification rule
- Only an individual abuse case
- Section 14(b)(1), which includes controlling technical development or investment with the stated object or effect
Legal references
- RA 10667, Philippine Competition Act, Sections 4, 14-15 and 24-27: https://lawphil.net/statutes/repacts/ra2015/ra_10667_2015.html
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