We hypothesize a particular source of cartel instability and explore its relevance to understanding cartel dynamics …. The cartel instability is rooted in the observation that, upon cartel formation, the relative positions of firms are often … fixed which may lead some growthconscious members to be discontent. This incongruity between a cartel member’s allocated …

. Effective private enforcement requires that cartel victims can receive (at least) full compensation for the harm suffered …. Academics and competition authorities support this goal with guidance for the calculation of cartel damages. However, they … several years until cartel victims obtain damages. Interest and inflation are thus two key drivers of adequate compensation …

breakdown of a German cement cartel. We find that, first, after the breakdown of the cartel, cartel members reduce net prices to … a far larger extent than gross prices and that, second, noncartel members slip under the price umbrella of the cartel to …

We provide a comprehensive quantitative assessment of cartels and the related cartel enforcement process in the … European Union (EU) from 2001 to 2015. In a first step, we present a detailed characterization of all cartel cases decided by … the European Commission (EC) with respect to various criteria such as the number of involved firm groups, cartel market …

) actions that aim to stop cartel activity in the short-term, immediately following successful prosecution; (c) actions that aim … pricing and periods of cartel pricing. We determine the impact of CA activity on deterred, impeded, and suffered harm. We … show how these break down into measures of the Direct Effect of interventions (i.e. the effect due to cartel activity being …

Even under antitrust enforcement, firms may still form a cartel in an infinitely-repeated oligopoly model when the … discount factor is sufficiently close to one. We present a linear oligopoly model where the profit-maximizing cartel price …