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and the Italian producers and the outcome was a worldwide cartel known as “Mercurio Europeo” which came into being in 1928 …
Persistent link: https://www.econbiz.de/10011259118
grounds for such severe punishment? How important is an economic analysis for the results of anti-cartel proceedings … – cartels – represent the most severe form of competition law infringement. Why are these agreements subject to the highest … of business? Which methods make it possible to differentiate cartels from competition in oligopolistic markets including …
Persistent link: https://www.econbiz.de/10008599107
arsenal of sanctions available in cartels cases. The paper will show that Poland has sound anti-cartel laws and an antitrust …This paper presents the basic elements of the Polish anti-cartel regime and suggests what potential changes would be … likely to improve it. Considered here are: the legal framework of anti-cartel enforcement in Poland as well as the …
Persistent link: https://www.econbiz.de/10008599130
This paper is devoted to the Polish leniency programme, including the conditions of obtaining lenient treatment and the applicable procedure. The type, scope and form of information that must be submitted are commented on as well as the marker system and summary applications. The intersection of...
Persistent link: https://www.econbiz.de/10008599143
We develop a model to show that cartels that produce goods with lower durability are easier to sustain implicitly. This … observation gen- erates the following results: 1) implicit cartels have an incentive to pro- duce goods with an inefficiently low … level of durability; 2) a monopoly or explicit cartel is welfare superior to an implicit cartel; 3) welfare is non …
Persistent link: https://www.econbiz.de/10005835208
In North America, professional sports leagues operate mostly as cartels. They employ certain policies such as revenue …
Persistent link: https://www.econbiz.de/10008518106
In traditional industrial organization models of Bertrand supergames, the critical discount factor governing the sustainability of collusion is independent of key demand and supply parameters. Recent research has demonstrated that these counterintuitive results stem from the assumption that...
Persistent link: https://www.econbiz.de/10008545986
arsenal of sanctions available in cartels cases. The paper will show that Poland has sound anti-cartel laws and an antitrust …This paper presents the basic elements of the Polish anti-cartel regime and suggests what potential changes would be … likely to improve it. Considered here are: the legal framework of anti-cartel enforcement in Poland as well as the …
Persistent link: https://www.econbiz.de/10008526961
The common-property problem results in excessive mining, hunting, and extraction of oil and water. The same phenomenon is also responsible for excessive investment in R&D and excessive outlays in rent-seeking contests. We propose a "Partnership Solution" to eliminate or at least mitigate these...
Persistent link: https://www.econbiz.de/10005621975
Mergers in travel industry which are extremely important in Europe and especially Germany, gained speed and these mergers give rise to cartelization. Mergers in travel industry are seen mostly in German and English establishments. These merger companies have both began to dominate the travel...
Persistent link: https://www.econbiz.de/10008681018