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What is Domestic Helps - The Oligopolists about?

Oligopoly as an example of imperfect market has been a subject of research by academicians for quite a long time. Examples from day-to-day life help comprehend the features of oligopoly such as Cartelization, Collusion, Price Fixation, Bid Rigging, easily. This caselet takes the example of the market of domestic helps and tries to examine whether the domestic helps behave like oligopolists? Do they form a cartel and collude? The caselet focuses on three features of oligopoly namely, Cartelization, Collusion

Author

ETCASES

Language

EN