Collective dominance

 

Institution Definition

"(...) The decision then goes on to examine the existence of a ’collective dominant position’. It states that ’FP, SIV and VP, as participants in a tight oligopoly, enjoy a degree of independence from competitive pressures that enables them to impede the maintenance of effective competition, notably by not having to take account of the behaviour of the other market participants’ (point 78)." SIV v COMMISSION Judgement of the Court (First Chamber)10 March 1992

 
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