Restrictive agreements in the context of EU Competition Law involve collusion among undertakings to prevent, restrict, or distort competition. This includes fixing prices, controlling production, sharing markets, and imposing unfair conditions. The profitability of collusion in oligopolistic markets

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Market sharing cartels in oligopolistic markets involve firms entering agreements to share the market while retaining some autonomy in their operations. Two main methods are non-price competition and quota systems. Non-price competition involves firms agreeing on a common price to maintain profits w

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Modern business in the Indian economy is characterized by large size, oligopolistic nature, diversification, global presence, technology orientation, and changing government regulations. The Indian economy features a mixed economy with both private and public enterprises, low per capita income, uneq

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Business environment in India encompasses a mix of large, oligopolistic, diversified, and technologically oriented enterprises. The Indian economy is characterized by a mixed economy, low per capita income, and limited entrepreneurial potential. External and internal factors influence business opera

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Perfect collusion in oligopolistic markets often involves market-sharing cartels, where member firms agree to share the market while allowing some degree of freedom in their decisions. This can be done through non-price competition or quota agreements. Non-price competition cartels involve setting a

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Oligopoly theory explores the dynamics of competition among a few large firms that impact pricing strategies. Industries range from competitive to monopolistic based on market structure. Game theory analyzes strategic interactions among firms in oligopolistic markets, influencing decisions and outco

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