Collusion Examples Questions.docx

Collusion Examples Questions.docx - COLLUSION EXAMPLES...

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COLLUSION EXAMPLES British Dairies In late 2007, British fans of milk and cheese got some bad news: their supermarkets and milk suppliers had been illegally rigging the prices of dairy products since 2002. The Office of Fair Trade learned that many of the U.K.'s largest supermarket chains had been colluding to raise the prices of dairy products, and their milk distributors, namely Dairy Crest and Robert Wiseman Dairies, had been behind the secret pricing decisions. The anti-competitive behaviour supposedly cost customers close to 270 million pounds over the course of the scam, and the companies involved faced fines that maxed out at a combined 116 million pounds.
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British Airways Because of increasing fuel prices that gripped the travel industry, British Airways decided to start adding on fuel surcharges to passengers’ flight costs. In 2004, the airline entered into secret talks with its rival Virgin Atlantic to simultaneously bump
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  • Fall '19
  • NoProfessor
  • Supermarket, Dairy product, British Airways

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