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contracts, we comprehensively document different collusion methods along the lines described by Stigler (1964). Quota cartels …Cartels were legal to a large extent in Austria until the country’s EU Accession in 1995. We examine archival material … on registered horizontal cartels to learn about their inner working. Applying content analysis to legally binding cartel …
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In the period following WW II. until the country accessed the European Union, cartels were legalized in Austria, upon …
Persistent link: https://www.econbiz.de/10010458226
Due to being much better documented, legal cartels have recently attracted the interest of many researchers who aim to … understand the functioning of illegal cartels in detail. This paper contributes to the question of what we can learn from legal … cartels by taking a closer look at the cement industry which has a rich history of both legal and illegal cartels. We …
Persistent link: https://www.econbiz.de/10011334610
-2003, and 2004-2013. Our empirical estimates show significant variation in the number of cartels prosecuted and the penalties … imposed across the policy regimes. The more recent regimes are characterized by far fewer cartels prosecuted, but with … cartels to larger and multinational firms. In terms of political effects, our results reveal no clear inter-political party …
Persistent link: https://www.econbiz.de/10011346282
Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of … the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments … less inclined to collude than men when collusion harms a third party. No gender difference can be found in the absence of a …
Persistent link: https://www.econbiz.de/10012938866
Antidumping creates opportunities for abuse to stifle market competition. Whether cartels actually abuse trade policy …
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policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each …
Persistent link: https://www.econbiz.de/10014023495
Traditional economic theory of collusion assumed that cartels are inherently unstable, and yet some manage to operate … focuses on firms as entities, even though cartels are typically formed between individuals who need to develop structures that … allow them to establish trust and ensure cooperation. We analyze 15 German cartels, focusing on the individual participants …
Persistent link: https://www.econbiz.de/10013362394