Showing 1 - 10 of 848
Persistent link: https://www.econbiz.de/10011689671
Persistent link: https://www.econbiz.de/10003858914
Persistent link: https://www.econbiz.de/10011487241
Persistent link: https://www.econbiz.de/10010248301
Persistent link: https://www.econbiz.de/10010498841
Persistent link: https://www.econbiz.de/10010479071
Persistent link: https://www.econbiz.de/10001505353
A competition authority has an objective, which specifies what output profile firms need to produce as a function of production costs. These costs change over time and are only known by the firms. The objective is implementable if inequilibrium, the firms cannot collude on their reports to the...
Persistent link: https://www.econbiz.de/10012602309
I find that current US's and EU's Antitrust laws -- in particular their "moderate" leniency programmes that only reduce or at best cancel sanctions for price-fixing firms that self-report -- may make collusion enforceable even in one-shot competitive interactions, like Bertrand oligopolies and...
Persistent link: https://www.econbiz.de/10014151044
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 …
Persistent link: https://www.econbiz.de/10014237834