You are required to visit the UK’s competition commission website and select a closed inquiry that the commission has investigated since 2008. Once you have found and agreed the inquiry with the module leader then you should write a report on the inquiry, which:
(i) Explains the inquiry and the reasons for the commission’s investigation.
(ii) Explains your own inquiry into the case ensuring that you refer to the relevant theories.
(iii) Compares your inquiry with the commission’s.
(iv) Ensure that each of (i), (ii) and (iii) make links to the relevant theory discussed during the module.
Notes for guidance
Textbooks will provide basic information on the relevant economic theory and the effects of concentration in a market like the one under consideration here. You may want to consult industrial economics texts such as those on the reading list for this module.
For access to the Competition Commission’s directory of all enquiries go to: http://www.competition-commission.org.uk/our-work/directory-of-all-inquiries
Good answers will set out clearly, and draw upon, the particular features of the market structure being examined, in all parts