Abstract
The economic consequences of monopolies have always been evident. For a long time competition policy was regarded as identical with antitrust policy. Not quite so clear was the situation regarding collective monopolies or cartels respectively U.S. policy was right in not distinguishing between the various types of monopoly. Every monopoly was regarded as ‘unreasonable.’ This was not the case in West-European countries. Even the Federal Republic of West Germany, which of all western countries pursues the strictest competition policy, has not applied a general ban on cartels, as exceptions have been admitted.
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© 1976 H. E. Stenfert Kroese B.V.
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Heusz, E. (1976). Concerted Action as an Aspect of Oligopolistic Behaviour and Its Treatment in Competition Policy. In: Jacquemin, A.P., de Jong, H.W. (eds) Markets, corporate behaviour and the state. Nijenrode Studies in Economics, vol 1. Springer, Boston, MA. https://doi.org/10.1007/978-1-4613-4376-9_14
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DOI: https://doi.org/10.1007/978-1-4613-4376-9_14
Publisher Name: Springer, Boston, MA
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Online ISBN: 978-1-4613-4376-9
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