Levenstein, Margaret C.; Sivadasan, Jagadeesh; Suslow, … - In: International Journal of Industrial Organization 39 (2015) C, pp. 56-70
How do changes in competitive intensity affect trade patterns? Some cartels may find it advantageous to eliminate cross-hauling and divide markets geographically. We exploit a quasi-natural experiment associated with increased antitrust enforcement to determine if market division strategies were...