The prohibition against price fixing is competition law’s most important and least controversial provision. Yet there … is far less consensus than meets the eye on what constitutes price fixing, and prevalent understandings cannot be … reconciled with principles of oligopoly theory. This article (1) presents a fundamental reconceptualization of our understanding …

This article examines optimal policy toward coordinated oligopolistic price elevation. First, it analyzes the social …

This article compares two policies toward coordinated oligopolistic price elevation. Most commentators endorse the view … that the law should (and does) prohibit only those price elevations produced by certain sorts of interfirm communications …, such as secret price negotiations. In contrast, little attention has been devoted to a more direct approach that …