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Card 6

Front

M____________ I______________ between competing firms

Back

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Card 7

Front

How are firms within an oligopoly interdependent?

Back

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Card 8

Front

What is game theory?

Back

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Card 9

Front

What is collusion?

Back

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Card 10

Front

What is tacit collusion?

Back

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Card 11

Front

Give two examples of collusion

Back

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Card 12

Front

In 2007, some airlines colluded and set high fuel surcharges. Price fixing is illegal, explain what the OFT did to these airlines.

Back

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Card 13

Front

What is a cartel?

Back

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Card 14

Front

Give an example of informal collusion and formal collusion.

Back

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Card 15

Front

What is cross subsidisation?

Back

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