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Titlebook: Global Price Fixing; Our Customers are th John M. Connor Book 2001 Kluwer Academic Publishers 2001 business.competition.economics.industria

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楼主: 喜悦
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Introduction,n prominent multinational companies built and ran three global cartels, a way of doing business that had rarely been seen for half a century. For periods ranging from three to 11 years, these food-and-feed ingredient enterprises enjoyed profits that were near the maximum that market conditions could
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Anticartel Laws and Enforcement,is the ability to control exchange prices or to prevent entry by a buyer or seller into a market. The ability to set prices will never be absolute, but a market participant has power over price if it has discretion to influence price over some range. Similarly, a seller need not be able to blockade
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Economic Impacts of the Citric Acid Cartel, With a given plant in place, once a seller in a competitive market observes the market price, it passively sets its output level at the profit-maximizing point. If, as was the case in the global market for citric acid, food-grade product made by alternative sellers was viewed by buyers as perfect s
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The World Lysine Industry,ial production of lysine is based on fermentation of liquid sweeteners derived from sugar cane or starches of many kinds. Since being commercially introduced around 1960, manufacturers of mixed animal feeds have grown to view lysine as an essential ingredient. In the last four decades of the 20. cen
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The Lysine Conspiracy,n in April 1992. Terrance Wilson, President of the sprawling corn-products division of ADM, disliked long flights because he reacted badly to the effects of jet lag, but he was epitome of the loyal manager and this trip could make tens of millions of dollars for his company if everything went accord
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The Vitamins Conspiracies,orial groups that met to agree on prices and to enforce those agreements.. Price fixing was arranged for at least 13 products, 11 vitamins and two carotenoids (or provitamins). There were six groups of conspirators that carried out price fixing for 11 of the 13 vitamins. In these six groups, each of
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