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4 Cards in this Set
- Front
- Back
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Cathode Ray Tube Cartels |
Undertakings conspired with each other (co-ordinated conduct) to fix prices, share markets and exchange confidential information between 1996-2006. Total fines of 1.47bn euros for breach of Article 101. This was anti-competitive because the undertakings were undermining how a free market should work. |
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Intel Case |
Intel had a market share of approx 70%. Intel gave manufacturers rebates on the condition that they bought all or most of their supplies from Intel because Intel wanted to eliminate other competition from the market. This is an example of unilateral conduct. Intel also gave direct payments to three manufacturers to halt, delay or limit launch of products containing chips from its own rival. EU commission fined Intel for breach of Art 102. |
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Ryan Air case |
Ryan Air wanted to takeover Aer Lingus (they trued 3 times). This would have combines the two leading Irish airlines and created a monopoly over 46 routes out of Ireland. It would have led to an 87% market share on short haul flights out of Dublin. EU Commission rejected 'remedies' offered by Ryan Air. This was a high level of intervention. |
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Why prevent monopolistic behaviour? |
No competitive constraints Higher prices: supply and demand usually sets the price in the market Fewer incentives to innovate Results in less choice |
