Question
1. 10 marks). (i) Explain the workings of real estate cartels. (ii) Discuss the various ways in which price fixing can be detected. (iii) Explain
1. 10 marks). (i) Explain the workings of real estate cartels. (ii) Discuss the various ways in which price fixing can be detected. (iii) Explain how antitrust enforcement reduces cartel formation. (iv) Explain the leniency program and discuss the impact of this program on cartel formation.
2. (10 marks). Discuss the evidence regarding the factors which determine cartel success.
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Managerial Economics and Business Strategy
Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
