Detection and deterrence of collusion are longstanding antitrust problems, made difficult because collusive arrangements are usually surreptitious. In this paper, I discuss factors that facilitate or inhibit collusive schemes, as well as circumstances where detection is possible. I describe how...

Collusion is an agreement between two or more firms designed to limit competition among the group. This chapter considers the conditions that feasible agreements must satisfy in terms of the fundamental trade-off of increased payoffs from continuing participation and payoffs from ceasing...