disentangles the effects of traditional antitrust regulation, leniency, and cartel strategies. Without rewards to the strictly …We analyze maximal cartel prices in infinitely-repeated oligopoly models under leniency where fines are linked to … illegal gains, as often outlined in existing antitrust regulation, and detection probabilities depend on the degree of …

antitrust regulation on the endogenous maximal-sustainable cartel price. This impact depends upon industry characteristics … including its cartel culture. Our analysis disentangles the effects of traditional antitrust regulation and the leniency program …

antitrust regulation on the endogenous maximal-sustainable cartel price. This impact depends upon industry characteristics … including its cartel culture. Our analysis disentangles the effects of traditional antitrust regulation and the leniency program …

We analyze the effects of antitrust and leniency programs in a repeated oligopoly model outlined in Motta and Polo … comparison of our results to the earlier results we come to a number of novel conclusions. Firstly, antitrust enforcement in the … judicial errors into account. Collusion ; Antitrust ; Self-reporting ; Judicial Errors ; Repeated Game …

experiment. Based on chat communication content and price setting behavior, this authority judges whether firms formed a cartel …

significantly decreased cartel activity. The design of these repeated game experiments however is such that engaging in illegal … the antitrust authority and the leniency program are directed exclusively to the most straightforward collusive scheme …