Which of the following is not regulated by the Competition Act, 2002?

Anti-competitive agreements
Medical negligence
Abuse of dominant position
Predatory pricing

The correct answer is: B. Medical negligence.

The Competition Act, 2002 is an Act of the Parliament of India enacted to provide for the establishment of a Commission to promote and protect competition in the markets, to prohibit practices having an adverse effect on competition, to regulate anti-competitive agreements and abuse of dominant position, and for matters connected therewith or incidental thereto.

The Act does not regulate medical negligence. Medical negligence is a legal term used to describe a situation in which a doctor or other healthcare professional fails to provide the care that a reasonable professional would have provided in the same situation, and this failure results in harm to the patient. Medical negligence can occur in a number of different ways, such as through misdiagnosis, delayed diagnosis, or incorrect treatment.

If you believe that you have been the victim of medical negligence, you may be able to file a lawsuit against the doctor or other healthcare professional who was responsible. However, it is important to note that medical negligence cases can be very complex and difficult to win. If you are considering filing a lawsuit, it is important to speak with an experienced attorney who can help you understand your legal options.

Here is a brief explanation of each option:

  • Anti-competitive agreements are agreements between two or more parties that have the effect of preventing, restricting, or distorting competition in the market. Examples of anti-competitive agreements include price-fixing, market-sharing, and bid-rigging.
  • Abuse of dominant position is a situation in which a firm with a dominant position in the market uses that position to restrict competition or harm consumers. Examples of abuse of dominant position include predatory pricing, tying, and exclusive dealing.
  • Predatory pricing is a pricing strategy in which a firm sets its prices below cost in order to drive its competitors out of business. Once the competitors have been eliminated, the firm can then raise its prices and charge monopoly prices.

I hope this information is helpful. Please let me know if you have any other questions.

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