This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition … policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each … central features of antitrust policy. Our objective is to foster the improvement of legal regimes and also to identify topics …

An antitrust authority deters collusion using fines and a leniency program. It chooses the probability of an … investigation. Firms pick the degree of collusion: The more they collude, the higher are profits, but so is the probability of … inffective; it may even increase collusion. Increasing the probability of an investigation at low levels does not increase …

antitrust law has been the principal source of inspiration for jurisdictions wishing to introduce regulation to control cartels … area of economic activity affected by antitrust law: cartels and anti-competitive agreements; dominance and monopolization …Antitrust and competition law have grown dramatically in importance and significance over the last fifty years. US …

antitrust exemption, access rules to Judo tournaments, sale systems of media rights in European football as well as a unique …

essay suggests that a fundamental change in antitrust policy is necessary to police against debt-control-based collusion … antitrust law. Until now, the discussion has focused on ownership. This essay shifts the debate from a focus on common ownership … corporate finance and bankruptcy law literatures have not penetrated antitrust debates or policy. Applying such insights, this …

constrained. We show that collusion sustainability is non-monotonic in the size of the capacity constrained firm, which has little …

preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U ….S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing …-2003, and 2004-2013. Our empirical estimates show significant variation in the number of cartels prosecuted and the penalties …

Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of … the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments … less inclined to collude than men when collusion harms a third party. No gender difference can be found in the absence of a …

Antidumping creates opportunities for abuse to stifle market competition. Whether cartels actually abuse trade policy …