What are some actions classified as market abuse due to a dominant position?

A dominant position in a market refers to a situation where a company has significant control over a particular market, often allowing it to set prices and influence supply and demand to its advantage. Actions that can be classified as market abuse by firms in such positions include several practices that are anti-competitive and detrimental to fair market practices.

Unfair pricing involves setting prices significantly above the market average, exploiting consumers or competitors who may have limited alternatives. This can undermine competition and create barriers for new entrants in the market.

Limiting production, markets, or development encompasses actions where a dominant firm restricts supply or stifles innovation and competition deliberately. Such practices eliminate healthy competition, hindering the growth of the sector and denying consumers the benefits of a competitive marketplace, such as lower prices and greater choice.

Different trading conditions refers to treating customers disparately, for instance, by offering different prices or terms to various customers without a justified reason. This can distort competition by favoring certain clients over others, which can lead to monopolistic behaviors.

As these actions can be detrimental to market fairness and healthy economic competition, they are recognized as market abuse stemming from a dominant position. Therefore, the inclusion of all these actions under the category of market abuse demonstrates a comprehensive understanding of anti