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From course:

Industrial Organisation 2022

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Question:

What are the exemptions to regulation of cartel formation?

Author: Hjalmer Pedersen



Answer:

Exemptions to §6: §7 - §6 does not apply if the firms involved have aggregate annual turnover of less than DKK 1 billion and an aggregate share of less than 10% of the market or an aggregate annual turnover of less than DKK 150 million Important note re §7: price/quantity cartels are regarded as a hardcore violation of §6! §8 - If the cartel provide better efficiency and provide consumers a fair share of the resulting benefits then §6 do not apply. Further, no unnecessary obligations or elimination of competition must happen.


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