Balaguer, Jacint; Orts, Vicente; Uriel, Ezequiel - In: International Review of Law and Economics 27 (2007) 2, pp. 245-257
In this paper, we suggest a method to test price-fixing agreements. Prices fixed to multiple shipments are decomposed into a set of destination market effects and time effects in order to allow us to perform an analysis of residuals. We examine the pricing behavior of vitamin C in the European...