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Revision as of 17:49, 27 June 2007 by JWSchneider (talk | contribs) (Fiji 1998 - Mergers, elimination of competition)
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Fiji 1998 - Preambles

The preamble to the Fair Trade Act mention public interest and economic efficiency as stated goals of the legislation. Do they count as defenses?

Fiji 1998 - Mergers, elimination of competition

Does 49(1)(b)(i) count as eliminating competition?

49. Mergers.

(1) A person shall be guilty of an offence who acquires, directly or indirectly, any shares in the capital, or any assets, of a body corporate if –

   (a) as a result of the acquisition, the person would be, or be likely to be, in a position to dominate a market for goods or services; or
   (b) in a case where the person is in a position to dominate a market for goods or services-
       i) the body corporate or another body corporate that is related to that body corporate is, or is likely to be, a competitor of the person or of a body corporate that is related to the person; and