France Telecom (FT), SFR and Bouygues Telecom (BT) have been fined by France's Conseil de la Concurrence (CC) for organizing a mobile phone cartel with stable market shares (one-half, one-third and one-sixth respectively) and for directly exchanging commercial information. While not contesting...

There is no question that in some countries there is a feeling that, in the past, courts have not always done a good job of assessing economic harm from antitrust violations. Economists understandably insist that correct methods, derived from sound economic analysis, be used to assess the...