Thomas Dubbs Esq.

No presentation material is available at this time for Thomas Dubbs.  However, a summary of the 1996 study which led to the case is available at: http://www.aae.wisc.edu/www/pub/misc/cheese.pdf

From that study:

“The above characterization of trading conduct on the NCE implies that prices were established within the context of bilateral oligopoly, with Kraft acting as the dominant price leader, with two followers, confronted by five leading buyer-traders. Economic theory teaches that what actually happens under bilateral oligopoly depends upon the relative market power of the conflicting parties, including which party exercises price leadership. When power is evenly divided, the resulting prices may approximate competitive ones. If one side enjoys greater power than the other, the resulting prices will benefit the holders of greatest power. The study examined this issue by analyzing the conduct and performance of leading traders.” (page 23)

The complete study along with two working papers which followed the study is available at: http://www.aae.wisc.edu/fsrg/CheeseStudy.htm

Working Paper 116 contains additional supportive information which became available after a two year legal battle.