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INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016 open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15 |
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| Paper Title: | Substitution of practical cooperation for the risks of competition |
| Authors Name: | Karolina Harasimowicz |
| Unique Id: | IJSDR1705099 |
| Published In: | Volume 2 Issue 5, May-2017 |
| Abstract: | 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. |
| Keywords: | 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 |
| Cite Article: | "Substitution of practical cooperation for the risks of competition", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.2, Issue 5, page no.554 - 559, May-2017, Available :http://www.ijsdr.org/papers/IJSDR1705099.pdf |
| Downloads: | 000346981 |
| Publication Details: | Published Paper ID: IJSDR1705099 Registration ID:201531 Published In: Volume 2 Issue 5, May-2017 DOI (Digital Object Identifier): Page No: 554 - 559 Publisher: IJSDR | www.ijsdr.org ISSN Number: 2455-2631 |
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