Watchdog notes rising corporate bullying

Kaira
Kaira

The Competition Authority has noted an increase in the reported instances of companies abusing their dominant market position, with 126 cases reported in the year to March 2014, against the organisation’s target of 77.

Abuse of a dominant position occurs when a dominant firm in a market, or a dominant group of firms, engages in conduct that is intended to eliminate or discipline a competitor or to deter future entry by new competitors, with the result that competition is prevented or lessened substantially.

According to the Authority’s 2014 annual report, among the abuse of dominance cases was one where a shopping mall restricted small grocery shops from entering the market.

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