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The Predictability of DOJ Cartel Fines
Connor, John M. - 2016
Justice has great latitude in recommending corporate cartel fines to the federal courts, and its recommendations are nearly … participated in international cartels and that were fined between 1996 and March 2010. The predictive power of the optimal …-deterrence model is quite good. We find that U.S. corporate cartel fines are strongly directly related to economic injuries from …
Persistent link: https://www.econbiz.de/10012979998
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The Size of Cartel Overcharges : Implications for U.S. and E.U. Fining Policies
Connor, John M.; Lande, Robert H. - 2008
The purpose of this paper is to examine whether the current cartel fine levels of the European Union and the United … results show that on average these cartel overcharges are significantly larger than the criminal fines of either the European …
Persistent link: https://www.econbiz.de/10014050311
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Optimal Deterrence and Private International Cartels
Connor, John M. - 2008
Persistent link: https://www.econbiz.de/10012725191
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Cartel Overcharges and Optimal Cartel Fines
Lande, Robert H. - 2007
overcharges of 25% and 22%. They also report separate results for domestic cartels, international cartels, more recent cartels … on average by 10% is much too low, and that principles of optimal deterrence indicate that current levels of cartel … domestic cartels and 25% for international cartels. Alternatively, if the policymakers decide this distinction is unwise, a 20 …
Persistent link: https://www.econbiz.de/10012728627
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Calculating Cartel Damages
Veljanovski, Cento - 2021
This chapter sets out the principles and emerging practice governing cartel damages in the EU and UK. It identifies the … have been be used to estimate overcharges, volume effects, and duration of a cartel. A version of the chapter is to appear …
Persistent link: https://www.econbiz.de/10013212073
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Serial Collusion by Multi-Product Firms
Kovacic, William E.; Marshall, Robert C.; Meurer, Michael J. - 2018
years. Standard analysis of cartel conduct, as well as enforcement policy, is rooted in the presumption that each cartel in … which a given firm participates is a singular activity, independent of other cartel conduct by the firm. We argue that this …
Persistent link: https://www.econbiz.de/10014112002
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Corporate social responsibility by joint agreement
Schinkel, Maarten-Pieter; Treuren, Leonard - 2021
Industry-wide voluntary agreements are touted as a means for corporations to take more corporate social responsibility (CSR). We study what type of joint CSR agreement induces firms to increase CSR efforts in a model of oligopolistic competition with differentiated products. Consumers have a...
Persistent link: https://www.econbiz.de/10012591411
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Gender and collusion
Haucap, Justus; Heldman, Christina; Rau, Holger A. - 2022
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 reveal important insights on individuals acting as firms,...
Persistent link: https://www.econbiz.de/10012938866
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Policy Innovations, Political Preferences, and Cartel Prosecutions
Ghosal, Vivek - 2016
While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political ….S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing … penalties related to fines and jail terms. There appear to be four distinct cartel policy regimes: pre-1978, 1978-1992, 1993 …
Persistent link: https://www.econbiz.de/10013003617
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Policy Innovations, Political Preferences, and Cartel Prosecutions
Ghosal, Vivek - 2015
While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political ….S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing … penalties related to fines and jail terms. There appear to be four distinct cartel policy regimes: pre-1978, 1978-1992, 1993 …
Persistent link: https://www.econbiz.de/10013012564