ContractDecember 11th, 2012
FiledDecember 11th, 2012Market sharing agreements between independent firms are set up to suppress spatial com- petition. Firms join together to split up a certain territory between them, so that each cartel member serves a part of the whole territory as a monopoly and does not invade the territory of the other firms. This kind of agreement can be observed in many industries. For example the European Commission identified a market sharing agreement in the mar- ket of Choline chloride in 2004, where the cartel members