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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.
(Reuters) -The Republican majority in a U.S. congressional committee published a report on Tuesday accusing Wall Street firms of colluding with advocacy groups to force companies to shrink their ...
Following the purchase of Bankwest by the Commonwealth Bank (CBA), there have been calls for a royal commission specifically into the conduct of the bank following allegations made that the CBA engineered defaults of Bankwest customers in order to profit from clawback clauses under the purchase agreement. Nortel: Canada: 14 Jan 2009: Telecomms
Congressional Democrats are investigating whether leading US oil companies have illegally colluded with each other and with OPEC to inflate prices at the pump, CNN has learned.
The General Motors streetcar conspiracy refers to the convictions of General Motors (GM) and related companies that were involved in the monopolizing of the sale of buses and supplies to National City Lines (NCL) and subsidiaries, as well as to the allegations that the defendants conspired to own or control transit systems, in violation of Section 1 of the Sherman Antitrust Act.
The jury found the NAR and some of the country's largest real estate brokerage firms entered into illegal agreements that cost home sellers in the state $1.79 billion in losses.
Beginning in the 2010s, concerns surrounding the market power of the "Big Tech" companies (Amazon, Meta Platforms, and Google) began to mount in the United States. [5]The DOJ had previously sued Apple on two occasions: on e-book prices and over alleged collusion to depress employee salaries with other tech companies.
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