Imagine That a Firm with Monopoly Power Is Suspected of Acting

Essay

Imagine that a firm with monopoly power is suspected of acting against the public interest. Arrange events
(a-h) in the correct sequence of how this case would be pursued.
a) The President of the Board of Trade refers the case to the MMC. ________
b) The OFT makes a preliminary report to the President of the Board of Trade. ________
c) The President of the Board of Trade takes action against the firm (seeking prior parliamentary approval if necessary). ________
d) The MMC seeks voluntary compliance with its recommendations. ________
e) The OFT makes a preliminary investigation. ________
f) The OFT seeks initial voluntary compliance with its recommendations. ________
g) The MMC publishes its report. ________
h) The MMC carries out an investigation into the case. ________