In this paper we analyze cartel formation and self-reporting incentives when firms operate in several geographical …-reporting by cartel members …

While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political ….S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing … penalties related to fines and jail terms. There appear to be four distinct cartel policy regimes: pre-1978, 1978-1992, 1993 …

where they collude. Predictably, conditional on conviction of one cartel, Amnesty Plus and Penalty Plus strengthen firms …' incentives to report the remaining cartel. However, Amnesty Plus and Penalty Plus have an ambiguous impact on firms' incentives … to apply for amnesty in the first place: On the one hand, Amnesty Plus and Penalty Plus may help to sustain a cartel …

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 …

. 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. Importantly, trade costs affect cartel shipments and welfare not … costs exert a negative and significant effect on cartel discipline. In turn, cartel discipline has a negative and …

I present the following proposal: information revealed during non-cartel investigations by competition law enforcement … typically cannot be directly used for a cartel case due to the underlying statutes and the legal and administrative procedures … proposed rule change could increase the efficiency and effectiveness of cartel enforcement, and open an additional front in the …

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 …