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The amino-acid lysine cartel was a watershed even in antitrust enforcement. It was the first global price … history of the global lysine cartel and the legal consequences for its members in the United States. The story focuses …
Persistent link: https://www.econbiz.de/10013044502
This paper presents an updated narrative of the history of the global lysine cartel and the legal consequences for its …
Persistent link: https://www.econbiz.de/10014216150
Product differentiation is well established as being the key source of the cereal industry's high price-cost margins. However, there is little consensus as to whether pricing collusion is also a source of profitability, and indeed, whether price even serves as a strategic variable in this...
Persistent link: https://www.econbiz.de/10014215451
While there are suggestions in applied cartel studies that price dispersion changes when cartelization of a market … the link between overt collusion and price dispersion. Formal theories and observation of cartel behavior suggest that …
Persistent link: https://www.econbiz.de/10014062753
This chapter examines anti-cartel enforcement in selected jurisdictions around the world, paying particular attention …. There are numerous indicators that enforcement in North America comes closest to optimal deterrence of illegal cartel … against cartel violators is hampered by court rules that severely limit the rights of cartel victims to seek compensation in …
Persistent link: https://www.econbiz.de/10013136896
Justice has great latitude in recommending corporate cartel fines to the federal courts, and its recommendations are nearly …-deterrence model is quite good. We find that U.S. corporate cartel fines are strongly directly related to economic injuries from …
Persistent link: https://www.econbiz.de/10013085647
Persistent link: https://www.econbiz.de/10012725191
other modern cartel. For example, the internal records of the major defendants have yielded monthly transaction prices for …
Persistent link: https://www.econbiz.de/10012727208
on average by 10% is much too low, and that principles of optimal deterrence indicate that current levels of cartel …
Persistent link: https://www.econbiz.de/10012728627
This paper describes some major trends in cartelization of markets worldwide with a special emphasis on the economic injuries being generated by illegal collusion. Known affected commerce by international cartels discovered during 1990-2014 exceeds a nominal $13.6 trillion worldwide. Projections...
Persistent link: https://www.econbiz.de/10012954044