Showing 1 - 10 of 1,627
We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....
Persistent link: https://www.econbiz.de/10012926563
antitrust effectiveness and the need for comparative institutional analyses of antitrust that extend beyond matters of … precluding private antitrust enforcement as one salient choice in antitrust design depends on whether antitrust enforcement is … antitrust lawsuits or incentivizes firms to engage in frivolous litigation. Corruption expectedly reduces the effectiveness of …
Persistent link: https://www.econbiz.de/10013009886
preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U ….S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing …
Persistent link: https://www.econbiz.de/10013012564
We develop a model of vertical pricing in which an original manufacturer sets wholesale prices in two markets integrated at the distributor level by parallel imports (PI). In this context we show that if competition policy requires uniform wholesale prices across locations it would push retail...
Persistent link: https://www.econbiz.de/10013317168
This paper analyzes international antitrust enforcement when multinational firms operate in several markets with … antitrust authorities in each market. We are concerned with how the sustainability of collusion in one local market is affected … collusion sustainability across markets leads to potential externalities in antitrust enforcement across jurisdictions. As a …
Persistent link: https://www.econbiz.de/10012764270
antitrust lawsuit that charged Bell with having foreclosed the market for telecommunications equipment. The decree forced Bell …
Persistent link: https://www.econbiz.de/10012960483
In 2008, the European Commission investigated E.ON, a large and vertically integrated electricity company, for the alleged abuse of a joint dominant position by strategically withholding generation capacity. The case was settled after E.ON agreed to divest 5,000 MW generation capacity as well as...
Persistent link: https://www.econbiz.de/10012944881
This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We … markets. We also consider policy implications of our analysis regarding an antitrust authority's investment decision in cartel …
Persistent link: https://www.econbiz.de/10013160219
markets and face antitrust enforcement in different jurisdictions. We are concerned with the effectiveness of leniency … programs and the benefits of international antitrust cooperation between agencies. When international antitrust prosecution is … effectively. We then discuss the effects of information sharing among antitrust authorities as a function of how much and which …
Persistent link: https://www.econbiz.de/10013144908
We examine the effects of Amnesty Plus and Penalty Plus, influencing firms' whistle blowing incentives in one market, on their self-reporting decision in another market. Amnesty Plus and Penalty Plus are proactive US strategies which aim at triggering multiple confessions by increasing the...
Persistent link: https://www.econbiz.de/10013317037