Collusion between Virgin Atlantic and British Airlines in Response to Increased Oil Prices

Assessment

Table of Contents
CASE STUDY 1..............................................................................................................................1
Explain why Virgin Atlantic and British Airlines might collude in response to increased oil
prices. Was the market conductive to collusion or not?..............................................................1
How would you determine whether illegal behaviour actually occurred? What might explain
these events other than illegal behaviour?...................................................................................2
Explain the dilemma facing the two airlines as well as their individual executives...................2
CASE STUDY 2..............................................................................................................................3
What positive externalities were common to both Silicon Valley and Route 128? What
positive externalities were not common for both? Explain.........................................................3
What factors made Silicon Valley such a fertile place for startups? How did these factors
interact with one another? What inhibited startups in Route 128?..............................................4
In hindsight, what could Apollo Computers have done to maintain its advantage in
minicomputers? What does this tell you generally about research clusters?...............................5
REFERENCES................................................................................................................................6