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behavior. One of its tools is leniency programs, under which firms may receive a reduction of fines if they report their cartel … and lower prices. However, these effects are temporary as many students agree to continue to collude once their cartel …
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clues of a partial cartel. Based on the theoretical model, we argue that measures of the shape of a distribution (such as …
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The purpose of this research is to evaluate the impact of vertical unbundling on German electric utilities. Our research mainly relies on in-depth interviews with sector-experts from the German utilities. We will discuss both short-term changes and the long-term impact on competition in the...
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coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …
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