We investigate the effect of a ban on third-degree price discrimination on the sustainability of collusion. We build a …' discount factor has to be higher in order to sustain collusion in grim-trigger strategies under price discrimination than under …

constrained. We show that collusion sustainability is non-monotonic in the size of the capacity constrained firm, which has little …

switch from exporting to undertaking FDI when trade costs are relatively high. Also, collusion over FDI may increase welfare. …

price collusion or merger is expected and with multi-product monopoly. In models with no price competition, less specific …

differentiated markets. I firstly review some classical literature on collusion between two firms producing goods of exogenous … the market may have contradictory effects on the incentive of firms to collude: it can make collusion easier for bottom …

. We show that in the absence of hassle costs, MCCs might induce collusion in homogeneous markets even if they are adopted … only by few retailers. If hassle and implementation costs are mild, collusion can be enforced by BCCs with lump sum refunds …

collusion often leads to less production, technology sharing of nondrastic, but sufficiently large, innovations can increase … industry quantity output under collusion equal to or higher than that achieved under Cournot competition, making consumers … collusive equilibrium. Stability of collusion has policy implications for competition authorities as it provides an explanation …

first investigate the extent to which collusive agreements are feasible. Secondly, we focus on collusion sustainability in … an infinitely repeated game. We show that, regardless of the degree of cost asymmetry, at least some collusion is always … sustainable. Finally, the degree of collusion is also endogeneised to show that cooperation has an upper bound determined by the …