In this paper we analyze cartel formation and self-reporting incentives when firms operate in several geographical …-reporting by cartel members. -- cartel formation ; multi-market contact ; leniency programs ; international antitrust cooperation …

This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We … show that cartel prosecution can have a knock-on effect: desisting a cartel in one market reduces profits and cartel … stability and leads to the break-up of the cartel in the adjacent market. Cartel prosecution can also have a waterbed effect …

This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We … show that cartel prosecution can have a knock-on effect: desisting a cartel in one market reduces profits and cartel … stability and leads to the break-up of the cartel in the adjacent market. Cartel prosecution can also have a waterbed effect …

In this paper we analyze cartel formation and self-reporting incentives when firms operate in several geographical …-reporting by cartel members …

We conduct an experimental study of cartel behaviour in the presence of an active competition authority that may … of potential antitrust prosecution tends to improve the internal functioning of cartels. Cartel stability is … significantly higher and punishment weaker in the treatments with active cartel detection relative to the treatment where cartels …

result, cartel prosecution can have a domino effect with the desistance of one cartel triggering the internal break-up of the … cartel in the adjacent market. We further find that the equilibrium in antitrust authorities' enforcement decisions may …