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Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of the literature in industrial economics neglects individuals’ incentives to form cartels. Although oligopoly experiments reveal important insights on individuals acting as firms,...
Persistent link: https://www.econbiz.de/10013296722
that matches cartel investigations with trade data at the product level. We then estimate the world import price and … higher world import prices and lower quantities during cartel periods, and to induce the establishment of a cartel. The … quantity effects of antidumping in cartel products. We find that the use of antidumping in cartel industries helps to maintain …
Persistent link: https://www.econbiz.de/10013314861
for years or even decades. While the literature has presented several determinants of cartel stability, the vast majority …, the communication and internal structures within the cartels as well as their breakup. Our results indicate that cartel … individuals involved in these 15 cartels were female, suggesting that gender also plays a role for cartel formation. We further …
Persistent link: https://www.econbiz.de/10014077191
incentive to deviate from a cartel. We also present conditions for the emergence of a partial cartel, with the capacity … small firm induces a partial conspiracy that is Pareto-dominant. Implications for cartel identification and enforcement are …
Persistent link: https://www.econbiz.de/10014264158
many industries around the world since the 1980s. Two major criticisms of these studies is that concentration and market …
Persistent link: https://www.econbiz.de/10013249649
We develop a model of strategic geoblocking, where two competing multi-channel retailers, located in different countries, can decide to block access to their online store from foreign consumers. We characterize the equilibrium when firms decide unilaterally whether to introduce geoblocking...
Persistent link: https://www.econbiz.de/10013314958
This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We … show that cartel prosecution can have a knock-on effect: desisting a cartel in one market reduces profits and cartel … stability and leads to the break-up of the cartel in the adjacent market. Cartel prosecution can also have a waterbed effect …
Persistent link: https://www.econbiz.de/10010274005
In this paper we analyze cartel formation and self-reporting incentives when firms operate in several geographical … programs and the benefits of international antitrust cooperation between agencies. When international antitrust prosecution is …-reporting by cartel members. …
Persistent link: https://www.econbiz.de/10010274020
We analyze evidence production in merger control as a delegation problem in an inquisitorial competition policy system. The antitrust agency’s incentives to produce evidence on the efficiency of a merger proposal depend critically on its action set. Allowing for a compromising remedy solution...
Persistent link: https://www.econbiz.de/10013243241
This paper analyzes international antitrust enforcement when multinational firms operate in several markets with … result, cartel prosecution can have a domino effect with the desistance of one cartel triggering the internal break-up of the … cartel in the adjacent market. We further find that the equilibrium in antitrust authorities' enforcement decisions may …
Persistent link: https://www.econbiz.de/10010274002