between competitive and collusive basing-point pricing. We define a measure for the likelihood of collusion that can be used … to screen industries that traditionally apply delivered pricing for the presence of cartels. We operationalize this … screen with a software. The test is hard to beat for cartels using this otherwise elusive form of price-fixing. When a cartel …

to form cartels in Cournot markets. As in previous experiments, markets become very competitive when individualized …: Markets become less competitive and cartels become more stable when individualized information is available. We also observe … information is present, suggesting that firms have greater incentives to form cartels in that situation. …

cartels, including revenue-based penalties, the most widely used regime. We showed that for a typical industry overcharge …

collusion. We introduce cartel culture that describes how likely cartels persist after each conviction. Our analysis … illegal gains, as often outlined in existing antitrust regulation, and detection probabilities depend on the degree of … disentangles the effects of traditional antitrust regulation, leniency, and cartel strategies. Without rewards to the strictly …

recovery of antitrust damages to direct purchasers. However, antitrust damages are typically (in part) passed on to … collusion. It allows an upstream cartel to shield itself from private damage claims by forwarding a share of cartel profits to … private damages. The cartel can achieve this by rationing inputs at low prices. Several U.S. antitrust cases show symptoms of …

linked to illegal gains and detection probabilities depend on the degree of collusion. A novel aspect of this study is that … response to the introduction of (ex-ante and ex-post) leniency programs. We disentangle the effects of traditional antitrust … below the price under antitrust without leniency. On the other hand, for ex-post leniency, improvement is possible and …

This special issue marks the 25th anniversary of the introduction of a leniency program for antitrust in the EU and … theoretical, empirical, and experimental literature on corporate leniency programs for antitrust. …