1.6.6 Oligopoly Case Studies

Instructions

For the following news articles:

  1. Explain what happened.
  2. Explain why it happened.
  3. Explain how the collusion took place.
  4. Explain what the consequences were to the colluders.

Articles

    
          
  1. Rangers, JD Sports and Elite Sports accused of fixing kit prices (07 Jun 22)
    2. 
          
    Link: https://www.bbc.co.uk/news/uk-scotland-glasgow-west-61717713
    
                  
    
        
    
          
  2. Berkshire estate agents directors banned for price-fixing (15 Jun 20)
    3. 
          
    Link: https://www.bbc.co.uk/news/uk-england-berkshire-53051702
    
                  
    
        
    
          
  3. FP McCann facing £25m fine for part in price fixing cartel (23 Oct 19)
    4. 
          
    Link: https://www.bbc.co.uk/news/uk-northern-ireland-50155890
    
                  
    
        
    
          
  4. Colluding drug firms 'cost the NHS millions of pounds' (23 May 19)
    5. 
          
    Link: https://www.bbc.co.uk/news/business-48377232
    
                  
    
        
    
          
  5. US states file lawsuit accusing drugs firms of inflating costs (11 May 19)
    6. 
          
    Link: https://www.bbc.co.uk/news/world-us-canada-48241663
    
                  
    
        
    
          
  6. Truck firms hit with record €3bn EU fine for price fixing (19 Jul 16)
    7. 
          
    Link: https://www.bbc.co.uk/news/business-36832521
    
                  
    
        
    
          
  7. Car parts price-fixing fines for Hitachi and Mitusbishi Electric (27 Jan 16)
    8. 
          
    Link: https://www.bbc.co.uk/news/business-35419762
    
                  
    
        
    
          
  8. TV makers in record 1.47bn-euro fine for price-fixing (05 Dec 12)
    9. 
          
    Link: https://www.bbc.co.uk/news/business-20608949
    
                  
    
        
    
          
  9. Bus market not competitive, Competition Commission says (20 Dec 11)
    10. 
          
    Link: https://www.bbc.co.uk/news/business-16261086
    
                  
    
        
    
          
  10. Italy investigates pasta makers over 'price-fixing' (16 Dec 09)
    11. 
          
    Link: http://news.bbc.co.uk/1/hi/world/europe/8415265.stm
    
                  
    
        
    
          
  11. Supermarkets admit milk price fix (07 Dec 07)
    12. 
          
    Link: http://news.bbc.co.uk/1/hi/business/7132108.stm
    
                  
    
        
    
          
  12. Q&A: Dairy price-fixing probe (07 Dec 07)
    13. 
          
    Link: http://news.bbc.co.uk/1/hi/business/7132296.stm
    
                  
    
        
    
          
  13. The European Union (EU) has imposed a record fine of 992m euros ($1.3bn; £666.8m) on four lift and escalator manufacturers for price-fixing. (21 Feb 07)
    14. 
          
    Link: http://news.bbc.co.uk/1/hi/business/6383913.stm
    
                  
    
        
    
          
  14. EU orders fine for rubber cartel (29 Nov 06)
    15. 
          
    Link: http://news.bbc.co.uk/1/hi/business/6157261.stm
    
                  
    
        
    
          
  15. Top 50 independent schools found guilty of price-fixing to push up fees (10 Nov 05)
    16. 
          
    Link: https://www.theguardian.com/money/2005/nov/10/consumernews.publicschools
    
                  
    
        
    
          
  16. Private schools fee-fixing ruling (09 Nov 05)
    17. 
          
    Link: http://news.bbc.co.uk/1/hi/education/4420822.stm