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Maintaining Competitive Markets The Control of Restrictive Agreements and Cartels in the UK and EC

Maintaining Competitive Markets The Control of Restrictive Agreements and Cartels in the UK and EC An important aspect of UK competition policy is the attempt tomaintain competitive markets by prohibiting restrictive agreements andcartels involving price fixing, market sharing, etc., the effect ofwhich is to suppress, limit or distort active rivalry between suppliers.Examines UK policy towards restrictive agreements, alongside similarattempts to control cartels in the European Community. Outlines theregulatory frameworks operating in the UK and EC and emphasizesparticular points of interest in the application of policy control byreference to selected restrictive agreementcartel cases. While theattack on formal open collusion has been highlysuccessful, it is clear from the work of the Office of Fair Trading andthe European Commission that clandestine covertcollusion between suppliers remains an ongoing problem. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Management Decision Emerald Publishing

Maintaining Competitive Markets The Control of Restrictive Agreements and Cartels in the UK and EC

Management Decision , Volume 30 (5) – May 1, 1992

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0025-1747
DOI
10.1108/00251749210015643
Publisher site
See Article on Publisher Site

Abstract

An important aspect of UK competition policy is the attempt tomaintain competitive markets by prohibiting restrictive agreements andcartels involving price fixing, market sharing, etc., the effect ofwhich is to suppress, limit or distort active rivalry between suppliers.Examines UK policy towards restrictive agreements, alongside similarattempts to control cartels in the European Community. Outlines theregulatory frameworks operating in the UK and EC and emphasizesparticular points of interest in the application of policy control byreference to selected restrictive agreementcartel cases. While theattack on formal open collusion has been highlysuccessful, it is clear from the work of the Office of Fair Trading andthe European Commission that clandestine covertcollusion between suppliers remains an ongoing problem.

Journal

Management DecisionEmerald Publishing

Published: May 1, 1992

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