services, and these cartels typically last between five and eight years. The most important determinant of cartel breakup is …. While scholars and policy makers have often been concerned that business cycle downturns are associated with cartel … competitive intensity than macroeconomic fluctuations. Similarly, cartel breakup does not evidence strong cyclicality …

This paper offers a theoretical model for the analysis of illegal cartels. Given the nature of the cartel, retaliation … Bertrand competition with product differentiation. We confirm our conjectures on both the cartel's internal and external … stability through numerical solutions. Depending on market parameters, the cartel remains stable with up to six homogeneous …

and higher costs. We examine Canada's alleged bread cartel and provide the first comprehensive analysis of hub …

pay reduced fines. This paper connects this potential adverse effect to the number of firms involved in the cartel …

The objective of this paper is to investigate the impact of R&D cooperation on cartel formation in the product market … the incentives to create a cartel in the product market. …