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 …

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 …

oligopolistic tacit collusion as such, but that reputes abusive a set of tactics adopted by tacitly colluding oligopolists exposed … to disruption. As much as deviation is an internal force likely to undermine tacit collusion, disruption is a powerful … tacit collusion (I). Second, it describes how disruption can undermine tacit collusion, and what oligopolists can do to …

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 …

acquainted with antitrust …

The Rule of Reason, which has come to dominate modern antitrust law, allows defendants the opportunity to justify their …: procompetitive-justification analysis is absolutely vital to a properly functioning antitrust enterprise.In response, this article …

Scholars and antitrust enforcers have raised concerns about anticompetitive effects that may arise when institutional … ownership is associated with higher prices and lower output. This evidence sharply challenges both antitrust orthodoxy and …

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 …