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intervene in such market situations and if they intervene, what respective roles regulation and competition law should play … analyses how market power is controlled at the intersection between competition law and regulation in EU competition law and in …
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We analyze collusion under demand uncertainty by cartels such as OPEC that care about the utility derived from profits by citizens. When citizens are sufficiently risk averse and fixed operating costs are non-trivial, it becomes difficult for cartels to collusively restrict output both when...
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Antidumping creates opportunities for abuse to stifle market competition. Whether cartels actually abuse trade policy … that matches cartel investigations with trade data at the product level. We then estimate the world import price and … higher world import prices and lower quantities during cartel periods, and to induce the establishment of a cartel. The …
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