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ongoing hard-core cartels if there is no leniency program. With the introduction of a leniency program, even less resources … to limit cartel operation in different industries, and how to evaluate the effect of the leniency program on the cartel’s …
Persistent link: https://www.econbiz.de/10010097667
This paper focuses on the problems posed by the uniform price and market cream skimming in a context in which the incumbent is restricted asymmetric prices and products and analyzes the risks of a graveyard spiral process. We point that the price elasticity of demand, the brand loyalty and the...
Persistent link: https://www.econbiz.de/10010049031