Archive for the ‘collusion’ Tag
Link: http://www.npr.org/2015/07/02/419405924/justice-department-investigates-airlines-for-possible-price-collusion
Summary: The Justice Department is planning to investigate 4 major airlines for price collusion. Investigators will question whether the airlines restricted supply to maintain higher ticket prices.
Original Air Date: July 2, 2015
Length: 3 minutes 35 seconds

Link: http://www.marketplace.org/topics/business/why-ibm-paying-15-billion-lose-business
Summary: IBM has fell 7 percent off its stock price this week. IBM is selling its chip making company to GlobalFoundries for $1.5 billion over the next three years. It would sound unconventional, except when looking to the future. IBM will be receiving chips for the next ten years from GlobalFoundries. Deals like this are exceedingly rare, but IBM has realized truth: it would be more costly to shut down than to sell, and they may be saving money in the end.
Original Air Date: October 20, 2014
Length: 2 minutes 22 seconds
Prompt / Discussion: Discuss how this type of deal differs from collusion.
Link: http://www.npr.org/blogs/money/2013/08/09/210550830/episode-478-rocky-pipkin-private-eye-vs-the-raisin-outlaw
Summary: Describes the raisin industry in the United States and how historic events resulted in a government sanctioned raisin cartel. Includes discussion of one producer breaking from the cartel, efforts by the cartel to enforce its collective actions, and other political and economic impacts of this defection.
Length: 21:51 min
Original air date: August 9, 2013