Which of the following are essentially anti-competetive agreements as per the Competition Act. 2002 in India?

(A) Exclusive distribution agreement

(B) Resale price maintenance

(C) Exclusive supply agreement

(D) Non-compete agreement

(E) Tie-in agreement

Choose the correct answer from the options given below:

The correct answer is (A), (B), (C) and (E) only

Key Points

1. An exclusive distribution agreement is an agreement between a distributor and a supplier that grants the distributor exclusive rights to sell the supplier's goods.
2. Resale Price Maintenance Agreements (RPM) are arrangements where resellers agree that they will sell products or products at certain prices at or above the price floor (minimum RPM) or at or below a price ceiling (maximum RPM).
3. An exclusive supply agreement, also called exclusive dealing, is a legal agreement between two parties in which one party imposes restrictions on the other party’s freedom to make choices about with who or with whom they do business.
4. A tie-in agreement is a system whereby there is some additional condition that is tied to the primary object. Tie-in agreement includes any arrangement requiring a purchaser of goods as a requirement of such purchase to purchase some other kinds of goods.

Additional Information

A non-compete agreement prevents a vendor from competing against a client's company or providing goods or services to the client's direct competitors.

This is not included in the anti-competetive agreements as per the Competition Act. 2002.