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This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition …
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We analyze collusion under demand uncertainty by cartels such as OPEC that care about the utility derived from profits by citizens. When citizens are sufficiently risk averse and fixed operating costs are non-trivial, it becomes difficult for cartels to collusively restrict output both when...
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a healthy competition between all the players in the market. It is here where the Competition Commission of India (CCI … promoting competition in a market. Competition Commission of India was established by the Central Government in 2003 to … eliminate practices having adverse effect on competition, promote and sustain competition, protect the interests of consumers …
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