Cartelization definition

Cartelization means an act by Market Participants who, by agreement amongst themselves, limit or control or attempt to limit or control generation, distribution, sale, price or trade of electricity;
Cartelization means a collection of businesses that act together as a single producer and agree to

Examples of Cartelization in a sentence

  • For the auto- motive future, with its great challenges and opportunities, the company needs to be more focused, agile and transparent.

  • Libecap, The Political Economy of Crude Oil Cartelization in the United States, The Journal of Economic History, Vol.

  • Pierce, Jr., Antidumping Law as a Means of Facilitating Cartelization, 67 ANTITRUST L.J. 725, 725 (2000) (quoting the former Federal Reserve Board Chairman Alan Greenspan, Remarks Before the Dallas Ambassadors Forum, Dallas, Texas (Apr.

  • Cartelization and collusion by firms, which raise prices above incremental costs, will result in a market outcome where the sum of producer and consumer surpluses fall below the level attained with static efficiency.

  • Reich: General Electric and World Cartelization of Electric Lamps, In: Kudo, Akira/Hara, Terushi: International Cartels in Business History Tokyo 1992 pp.

  • Cartelization is, of course, not the only form of anti-competitive conduct.

  • Cartelization might be facilitated even when the merging parties do not compete directly.

  • The competition commission of India (CCI) charged these five airlines of Cartelization -Air India, Go Airlines, Jet Airways, Indi-Go Airlines and Spice-Jet imposing a penalty of over Rs 2.5 billion on Jet Airways, IndiGo Airlines and Spice-Jet.

  • The CCI, in Re: Cartelization in respect of tenders floated by Indian Railways for supply of Brushless DC Fans (Suo Moto Case No. 03 of 2013), published its first leniency decision granting a 75% reduction in penalty to a leniency applicant who came forward after the CCI commenced investigation of the anti-competitive conduct.

  • Cartelization occurs where rules constrain the behaviour of individual organisations to act in the interests of the industry as a whole [Arnold, 1991].

Related to Cartelization

  • Tourism means economic activity resulting from tourists, which may include sales of overnight lodging, meals, tours, gifts, or souvenirs.

  • Campaigning – means any activity by or on behalf of a candidate, registered third party advertiser, political party or question on a ballot meant to elicit support during the election period. Campaigning does not include the appearance of elected officials, other candidates or registered third party advertisers at an event in their personal capacity without the display of any signage or graphic which identifies the individual as a candidate or registered third party advertiser(s) and without the solicitation of votes.

  • Tourism promotion means activities and expenditures designed to increase tourism, including but not limited to advertising, publicizing, or otherwise distributing information for the purpose of attracting and welcoming tourists; developing strategies to expand tourism; operating tourism promotion agencies; and funding marketing of special events and festivals designed to attract tourists.

  • aeroplane means a power-driven heavier-than-air aircraft, deriving its lift in flight chiefly from aerodynamic reactions on surfaces which remain fixed under given conditions of flight;

  • Development means any man-made change to improved or unimproved real estate, including, but not limited to, buildings or other structures, mining, dredging, filling, grading, paving, excavation or drilling operations, or storage of equipment or materials.

  • Promotion means a change from an employee's position to one with a higher maximum salary level.

  • spatial development framework means the Great Kei Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • Games means the Birmingham 2022 Commonwealth Games to be held in Birmingham, England between 28 July – 8 August 2022.

  • Game has the meaning ascribed to that term in the Control Act;

  • Marketing means any communication from a PHP to a potential member who is not enrolled in the PHP that can reasonably be interpreted as intended to compel or entice the potential members to enroll in that particular PHP;