Keyword: cartel

A Fable of Fruit Vendors (9/7/2009)

Fruit vendors may choose perfect competition or pricing power depending on foot traffic and other locational advantages.

Keywords: cartel, fruit vendors, market structure, perfect competition, price collusion, price discrimination

Cheap Pearls (2/16/2001)

Far from increasing consumer surplus, falling prices for luxury goods such as freshwater pearls due to overproduction reduce both consumer surplus and producer profit.

Keywords: cartel, De Beers, diamonds, fresh water pearls, luxury appeal, monopoly, paradox of plenty, prices, scarcity, Shanxiahu, snob appeal, snob effect, tragedy of the commons

Cleaning Up the Detergent Market (1/25/2012)

A cartel in detergents broke up over defections from agreed prices and promotion practices.

Keywords: antitrust, cartel, commodity, detergent, oligopoly, price collusion, price fixing, prisoner's dilemma, promotion

Too Much Vitamin C? (6/22/2006)

Legacy habit of central planning has led to antitrust charges against Chinese vitamin C oligopoly.

Keywords: antitrust, cartel, price fixing, regulation, vitamin C

Vitamin Inc. (3/22/2005)

Mature oligopoly with a few large producers of homogeneous commodities is driven to output and price fixing to increase their profit.

Keywords: antitrust, BASF, cartel, commodities, homogeneous products, Justice Department, lysine, oligopoly, price fixing, Rhone-Poulenc, Roche, vitamin