Complex monopolies

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House prices up by 6.9%.

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Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

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Complex monopolies

A complex monopoly is said to exist whenever firms tacitly collude, and act as if they are a single firm.

The Fair Trading Act 1973, first defined a complex monopoly as a number of firms with a collective market share of over 25% that operate very similar or identical price and non-price policies. 

 

 

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