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Business economics

Complex monopolies

Saddique Ansari • January 20, 2020 • 1 min read

Author bio

Complex monopolies

A complex monopoly is said to exist whenever firms tacitly collude, and act as if they are a single firm.

The Fair Trading Act 1973, first defined a complex monopoly as a number of firms with a collective market share of over 25% that operate very similar or identical price and non-price policies.

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