requiring a higher CSR level by regulation while preserving competition always gives higher within-market welfare. …

-core cartels. We design a mechanism to form a hard-core cartel, which allows that multiple ringleaders emerge. Ringleaders often … "whistleblowers'" except for ringleaders may therefore reduce the incentive to become a ringleader and disrupt cartel formation. Yet … effect ultimately facilitates coordination in the explicit cartel …

punishment for cartel operators and enhancing programmes aimed at rewarding cartel members who decide to defect and co … optimal sanctions in cartel cases. …

do to the economy. Consequently, this paper gives an overview of the history of cartel regulation worldwide until 1931 …The regulation of cartels is not a new phenomenon, but has been part of doing business since the antiquity. The Sherman …