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Policy innovations, political preferences, and cartel prosecutions
Ghosal, Vivek; Sokol, D. Daniel - 2015
-2003, and 2004-2013. Our empirical estimates show significant variation in the number of cartels prosecuted and the penalties … imposed across the policy regimes. The more recent regimes are characterized by far fewer cartels prosecuted, but with … cartels to larger and multinational firms. In terms of political effects, our results reveal no clear inter-political party …
Persistent link: https://www.econbiz.de/10011346282
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Chapter 15 Antitrust
Kaplow, Louis; Shapiro, Carl - In: Handbook of law and economics : volume 2, (pp. 1073-1225). 2007
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 area, we select the most relevant portions of...
Persistent link: https://www.econbiz.de/10014023495
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Assessing the effects of a road surfacing cartel in Switzerland
Hüschelrath, Kai; Leheyda, Nina; Beschorner, Patrick … - 2009
The paper assesses the impact of the detection of a hard-core cartel in the Swiss market for road surfacing on post-cartel competition. In addition to an investigation of supply-side factors, demand-side factors, and market prices, the paper also derives estimates of the economic effects of the...
Persistent link: https://www.econbiz.de/10010299839
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Settlements and appeals in the European Commission's cartel cases : an empirical assessment
Hellwig, Michael; Hüschelrath, Kai; Laitenberger, Ulrich - 2016
The introduction of the European Union (EU) Settlement Procedure in 2008 aimed at promoting the procedural efficiency of cartel investigations by the European Commission (EC). We use a data set consisting of 579 firms groups convicted by the EC for cartelization from 2000 to 2015 to investigate...
Persistent link: https://www.econbiz.de/10011419416
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The settlement procedure in EC cartel cases : an empirical assesment
Hüschelrath, Kai; Laitenberger, Ulrich - 2015
procedural efficiency of cartel enforcement in the European Union (EU). We use a data set consisting of 84 cartels decided by the …
Persistent link: https://www.econbiz.de/10011316390
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Do cartel breakdowns induce mergers? : evidence from EC cartel cases
Hüschelrath, Kai; Smuda, Florian - 2013
should consider mergers as potential ‘second-best’ alternative to cartels but also imply that resource (re)allocations in …
Persistent link: https://www.econbiz.de/10009751721
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Do leniency policies facilitate collusion? : experimental evidence
Clemens, Georg; Rau, Holger A. - 2014
-stage cartel formation experiment where multiple ringleaders may emerge. Although theory predicts that cartels will always be …
Persistent link: https://www.econbiz.de/10010228272
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Time is money – how much money is time? : interest and inflation in competition law actions for damages
Bueren, Eckart; Hüschelrath, Kai; Veith, Tobias - 2014
Public and private action against cartels is an internationally recognized cornerstone of antitrust enforcement …
Persistent link: https://www.econbiz.de/10010233583
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Determinants of self-reporting under the European corporate leniency program
Hoang, Cung Truong; Hüschelrath, Kai; Laitenberger, Ulrich - 2014
data set consisting of 442 firm groups that participated in 76 cartels decided by the European Commission between 2000 and …
Persistent link: https://www.econbiz.de/10010385205
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A primer on damages of cartel suppliers : determinants, standing US vs. EU and econometric estimation
Bueren, Eckart; Smuda, Florian - 2013
While private actions for damages by customers against price-cartels receive much attention, the treatment of other …
Persistent link: https://www.econbiz.de/10009787408