Patent settlements between rivals restrain competition in many different ways. Antitrust requires that their …

welfare implications for consumers and firms alike. An exogenous increase in firms' ability to predict demand may make … collusion possible where it was previously unsustainable. However, it also may make collusion impracticable where it had … contribute to the emerging literature on how algorithms and other forms of artificial intelligence may affect competition …

created in hopes of increasing competition. One example is the licensing of cellular telephone services in the United States … geographic markets. Taking advantage of the unique regulatory environment, we test to what degree duopolistic competition leads …

Standard models of collusion require that all firms are forward-looking and strategic. When one firm displays naive …

pharmaceutical industry between originator and generic firms have been scrutinized critically by competition authorities for delaying … the market entry of generics and therefore harming consumers. In this paper we present a model that analyzes the tradeoff … a policy parameter for determining the optimal additional period for collusion that would maximize consumer welfare and …

offers especially when many consumers prefer comparable offers. This occurs after initial periods with strong competition and … leads to lower welfare for all consumers. In treatments where firms cannot monitor the competition, firms end up having to …. They are faced with artificial demand from consumers who make mistakes when assessing the net value of products on the …

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 …

compared to the underlying litigations. We find that the rule of per se legality induces maximal collusion among settling … when antitrust enforcement is subject to error. Contrary to intuition, limited collusion can be welfare enhancing as it …

remedied.To this end, this article introduces the first taxonomy of collusion on blockchain. The discussion then moves on to … technology. Along the way, we propose methods of action for antitrust and competition agencies …

An antitrust authority deters collusion using fines and a leniency program. Unlike in most of the earlier literature …, our firms have imperfect cumulative evidence of the collusion. That is, cartel conviction is not automatic if one firm …