Search results
Results From The WOW.Com Content Network
Collusion often takes place within an oligopoly market structure, where there are few firms and agreements that have significant impacts on the entire market or industry. To differentiate from a cartel , collusive agreements between parties may not be explicit; however, the implications of cartels and collusion are the same.
Neelie Kroes said she was "very disappointed" that the collusion took place at the very highest (boardroom) level. She added, Heineken, Grolsch, Bavaria and InBev tried to cover their tracks by using code names and abbreviations for secret meetings to carve up the market for beer sold to supermarkets, hotels, restaurants and cafes.
Collusion among firms in an oligopoly market structure occurs where there are express or tacit agreements between firms to follow a particular price structure in relation to particular products (for homogenous products) or particular transaction or product classes [clarification needed] (for heterogeneous products). [10]
The lawsuit claims the supermarket giants reached a deal not to poach striking workers in order to reduce the union's negotiating leverage. Worker Sues Kroger And Albertsons, Alleging Collusion ...
Senate Majority Leader Chuck Schumer and nearly two dozen Democrats pressed the Justice Department on Thursday to launch an industry-wide investigation into Big Oil for alleged collusion and price ...
Price fixing is an anticompetitive agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand.
Tacit collusion is a collusion between competitors who do not explicitly exchange information but achieve an agreement about coordination of conduct. [1] There are two types of tacit collusion: concerted action and conscious parallelism .
The bread price-fixing scandal in Canada refers to a group of competing bread producers, retailers and supermarket chains reached a secret agreement among themselves to artificially inflate the price of bread at the wholesale and retail levels from late 2001 to 2015 [1] (some sources stated that the price fixing continued into 2017 [2]).