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Exercise 1 Industries with cartels 
Brieáy describe and analyze a case of your choice concerning a price- or 
quantity-Öxing cartel (please not OPEC). The following questions may be useful 
to bear in mind: What are the relevant characteristics of the industry? What 
was the scope of the cartel? How was the cartel enforced? What were the e§ects 
of the cartels? How did the competition authority or court argue and what was 
the decision, if any? 
Exercise 2 Collusion and pricing 
Two (advertis...