Competition Authority. These practices are widely spread across sectors and cartel members are typically among the top firms in …

This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We … show that cartel prosecution can have a knock-on effect: desisting a cartel in one market reduces profits and cartel … stability and leads to the break-up of the cartel in the adjacent market. Cartel prosecution can also have a waterbed effect …

This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We … show that cartel prosecution can have a knock-on effect: desisting a cartel in one market reduces profits and cartel … stability and leads to the break-up of the cartel in the adjacent market. Cartel prosecution can also have a waterbed effect …

on: (i) the amount of recidivism in the EU between 1998 and December 2020 (up to 19% of cartel members, depending on how …), it appears to be on the rise in the EU. Although it represents only 2% of the cartel members, it should be interpreted as …