impede downstream collusion. The main driver of our finding is that a passive backward acquisition secures an acquirer from … zero continuation profits after a breakdown of collusion. This anti-collusive effect cannot be outweighed by a lower …

In this note we analyze the sustainability of collusion in a game of repeated interaction where firms can price … improvement in data quality it is more difficult to sustain collusion. …

We analyze the effect of different pricing schemes on horizontally differentiated firms' ability to sustain collusion … that the additional price component of the two-part tariff makes it more difficult to sustain collusion. Additionally, the … pricing schedule that is most beneficial for customers in absence of collusion harms customers most in presence of (partial …

We analyze firms' ability to sustain collusion in a setting in which horizontally differentiated firms can price … sustainability of collusion. Starting from a low level, an increase in signal precision first facilitates collusion. However, there … is a turning point from which on any further increase renders collusion less sustainable. Our analysis provides important …

less inclined to collude than men when collusion harms a third party. No gender difference can be found in the absence of a … distance is small they hardly behave collusively when collusion harms a third party. …

competition, ii) increases (decreases) the parameter region with a unique duopoly equilibrium (multiple equilibria), iii) reduces … between consumer and social preferences for compatibility. -- Network Effects ; Expectations ; Duopoly ; Compatibility …