Substitution of practical cooperation for the risks of competition
Article 101 of the Treaty on the Functioning of the European Union, EC Competition Law, Euro-pean Economic Community, Commission Decision EEC/84/405, Agreement in Antitrust Law
Despite all of factors, an oligopolistic market in theory should not exists. This article maintains that there is not a fine line between parallel action and concerted practice. Primarily this is because inno-cent parallel behaviour does not naturally require any sharing of information or meetings between the undertakings, only a deliberate attempt to coordinate efforts would naturally require this con-tact. Therefore, there is a basic and manifest difference between the two. What is more, even when there are alternative explanations produced by undertakings for apparent concerted effort, we must consider what is more likely in an oligopolistic market: deliberate coordination to lessen market un-certainty, or innocent social meetings between competitors. The former is plainly more likely.
"Substitution of practical cooperation for the risks of competition", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.2, Issue 5, page no.554 - 559, May-2017, Available :https://ijsdr.org/papers/IJSDR1705099.pdf
Volume 2
Issue 5,
May-2017
Pages : 554 - 559
Paper Reg. ID: IJSDR_201531
Published Paper Id: IJSDR1705099
Downloads: 000347041
Research Area: Engineering
Country: -, -, United Kingdom
ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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