Competition Law

Any entity having a dominant position in the market or a substantial part thereof shall be prohibited from exploiting such position to prejudice or limit competition, including the following: 1. Selling goods or services at a price lower than their total cost to force entities out of the market or subject them to substantial losses, or to obstruct potential entities from entering the market. 2. Determining or imposing prices or terms for the resale of goods or services. 3. Decreasing or increasing quantities of available products to control prices and create a false sense of abundance or shortage. 4. Discriminating among entities under similar contracts in relation to prices of goods and fees of services or their terms of sale and purchase. 5. Refusing to deal with another entity without a valid reason to obstruct its entry into the market. 6. Requiring an entity to refrain from dealing with another entity. 7. Making the sale of goods or the provision of services conditional upon incurring obligations or accepting goods or services which, by their nature or by commercial use, are not related to the goods or services subject of the original contract or transaction.