http://maciverblog.co.uk/2012/11/08/no-legal-basis-for-500-litre-minimum-delivery-of-heaing-oil-mp/ Sun, 25 Nov 2012 22:23:55 +0000 hourly 1 http://wordpress.com/ http://maciverblog.co.uk/2012/11/08/no-legal-basis-for-500-litre-minimum-delivery-of-heaing-oil-mp/#comment-9448 Thu, 08 Nov 2012 23:40:11 +0000 http://maciverblog.co.uk/?p=9558#comment-9448 OLIGOPOLY
See link
http://www.cliffsnotes.com/study_guide/Cartel-Theory-of-Oligopoly.topicArticleId-9789,articleId-9779.html
Cartel Theory of Oligopoly
A cartel is defined as a group of firms that gets together to make output and price decisions. The conditions that give rise to an oligopolistic market are also conducive to the formation of a cartel; in particular, cartels tend to arise in markets where there are few firms and each firm has a significant share of the market. In the U.S., cartels are illegal; however, internationally, there are no restrictions on cartel formation. The organization of petroleum-exporting countries (OPEC) is perhaps the best-known example of an international cartel; OPEC members meet regularly to decide how much oil each member of the cartel will be allowed to produce.

]]> http://maciverblog.co.uk/2012/11/08/no-legal-basis-for-500-litre-minimum-delivery-of-heaing-oil-mp/#comment-9435 Thu, 08 Nov 2012 14:18:34 +0000 http://maciverblog.co.uk/?p=9558#comment-9435 With the gritting season almost upon us, would`nt it be only correct that Na h Eileanan Siar should fill up with the cheaper fuel outlet that has now become available to all.

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