Keyword: oligopoly
Cleaning Up the Detergent Market (1/25/2012)
A cartel in detergents broke up over defections from agreed prices and promotion practices.
Competitive Strategy (7/7/2006)
Static efficiency in mature products may be good for consumers in the short run, but dynamic efficiency in innovative products is what drives the economy and elevates consumer welfare in the long run.
Market structure taxonomy (8/8/2006)
Market structure depends on the uniqueness of the products, barrier to entry, and scale economy. Specifically, the more unique the product, the higher the entry barrier, and the larger the scale economy is, the greater the pricing power.
Riskless Insurance (2/27/2007)
Regulatory protection has led to legal price fixing in the title insurance oligopoly at the expense of home buyers.
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.