ABSTRACT

This chapter provides an attention turns toward real-world attempts to achieve effective collusion. It examines some of the more successful efforts to see if there are any themes associated with successful collusion. Assistant Attorney General Ronald Weich, the department of justice is reviewing the statements and actions by banks and their trade associations regarding possible increases in consumer fees for using debit cards. Please be assured that if it finds that individuals, banks, or other parties may have violated the antitrust laws, the department will take appropriate action. The Department of Justice was suspicious that bank of America was acting as a collusive price leader in coordination with several other banks. The chapter explores some of the major factors mitigating against successful long-term collusion. The vitamin cartel was one of the more elaborate worldwide cartels in history.