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Oligopoly and Examples of Price Fixing
- Level:
- A Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Recent examples of price fixing cases in oligopolistic markets
£1.71m fine for laundry companies found to be market sharing
— Rodrigo Morales Elcoro (@romoraleselcoro) December 14, 2017
...these arrangements prevented customers from shopping around to get a better deal and that can lead to higher prices, less choice and less innovation
https://t.co/rTeK5QOyaX
CMA:
— WiredGov (@wiredgov) September 19, 2017
lifts the lid on estate agents’ cartelhttps://t.co/VNKmWqyOBU#news #EstateAgents #cartel #commission #Somerset
Estate agents disqualified over price fixing in Somerset town https://t.co/amPUGYETJt
— Telegraph Business (@telebusiness) April 10, 2018
#European #Truck #Makers are #Sued for £100m over price-fixing 'cartel'
— Trucker World (@truckerworld) November 25, 2018
More: https://t.co/Pw8cL0iNeE
An ...
'cartel039 #2016 #Body #Daf #Group #Haulage #Industry #LondonTruck #Pound100m #Pricefixing #Road #Service #Trucks #Vehicles #hgv #truckerworld #logistics pic.twitter.com/hYAKmJITUj
German watchdog slaps fines on #steelmakers for price-fixing https://t.co/tSyuZ32CVg
— Iron & Steel Today (@IronSteelToday) July 12, 2018
Leading model agencies fined £1.5m by CMA for price fixing https://t.co/BFT2xLWjjV
— Sky News (@SkyNews) December 16, 2016
Somerset estate agents to pay fines totalling over £370,000 to the #CMA, after admitting #illegal price-fixing. https://t.co/vArHLO62zm
— Trading Standards (@SMBC_TS) March 14, 2017
CMA fines 'cleanroom' laundry companies £1.71 million for market sharing https://t.co/cuQn4GPcY6 pic.twitter.com/Uw5nHp4EUC
— Competition & Markets Authority (@CMAgovUK) December 14, 2017
BBC News - NHS 'overcharged' by drug makers' non-compete deal, says CMA https://t.co/FlX971XK9P
— Emma Martin (@CrossleyEco) March 3, 2017
Example of price/market fixing.
Our subjects
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