Search results
Results from the WOW.Com Content Network
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 .
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 .
Covert collusion is known as tacit collusion and is considered legal. Adam Smith in The Wealth of Nations explains that since the masters (business owners) are fewer in number, it is easier to collude to serve common interests among those involved, such as maintaining low wages, whilst it is difficult for the labour to coordinate to protect ...
Dango refers to collusion in Japanese, or more precisely, "conference", and is an extremely prevalent system in Japan. Dango can be understood as a mutually beneficial system of bureaucracy and government and the private construction industry wherein bid rigging is incredibly common, benefiting colluding firms and officials alike in the form of ...
A further problem of collective dominance, or oligopoly through "economic links" [102] can arise, whereby the new market becomes more conducive to collusion. It is relevant how transparent a market is, because a more concentrated structure could mean firms can coordinate their behavior more easily, whether firms can deploy deterrents and ...
Main page; Contents; Current events; Random article; About Wikipedia; Contact us
The Vietnamese Wikipedia initially went online in November 2002, with a front page and an article about the Internet Society.The project received little attention and did not begin to receive significant contributions until it was "restarted" in October 2003 [3] and the newer, Unicode-capable MediaWiki software was installed soon after.
At its foundation, the American O/B controversy derived from the appraisal by analysts of a foreign enemy's ability to field combatants. Its wider effect involved a host of issues: the entire war in Southeast Asia and domestic public opinion, the politics of military intelligence and the utility of combat/support formations, presidential electioneering confronting an intelligence estimate ...