Summary
So far we are acquainted with the fact that ideal free market should mean independent activity (operation) and performance of the company in order to achive as much business result i.e. profit as possible. However, we can also say that oligopolies, largely, are qualified by their interdependence which makes many companies avoiding work on independent activities i.e. actions. Therefore, uncertainty and risks on the market, together with a present fear from possible individual actions on the market make the companies take part in certain modalities of collusions.
This paper describes and analyzes cartel behavior, and program exemptions or leniency towards the participants of prohibited agreements – cartel, that with antitrust authorities successfully cooperate in revealing and breaking those agreements.
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