Question: Please describe why your support or do not support the Kentuck milk case claim of collusion. You may choose one or more of the six

Please describe why your support or do not support the Kentuck milk case claim of collusion. You may choose one or more of the six different categories from the book that can be used to prove whether or not collusion existed in the market for milk. The process of going through the calculations and making the argument is what makes these case studies so valuable to you as a student.

  1. Market Shares.
  2. incumbency rates.
  3. Bid levels and dispersion.
  4. Price versus cost/distance.
  5. Bid sequence.
  6. Comparison of the average winning bid price.

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