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Relationship-based contract enforcement is commonly thought to limit market expansion. In contrast, this paper illustrates how relationship-based contract governance accommodates new entrants into market exchange using a case study of the cycle-rickshaw rental market in a city in central India....
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In the paper I discuss, the price fixing by drivers constitutes a horizontal agreement applying Hub and Spoke principle. The collusion among Uber and its drivers is a classic example of hub and spoke arrangement. In competition law, hub and spoke arrangement is a form of cartel in which, the...
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