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Using a sample of modern international cartels, we analyze the level and determinants of cartel sanctions imposed on the participants of these cartels in a number of antitrust jurisdictions. There is empirical evidence suggesting that gains from collusive conduct outweigh its costs represented...
Persistent link: https://www.econbiz.de/10012724686
Using the overcharge estimates for 406 cartel episodes, I evaluate the impact of cartel characteristics and market environment on the size of the overcharges imposed by cartels in different geographic markets and during six antitrust law regimes starting from the 18th century. I find that the...
Persistent link: https://www.econbiz.de/10012732885
The paper will assess certain outcomes in the implementation of competition policy in South Africa to address the exertion of market power unilaterally by large firms or through collusive arrangements. Through reviewing the theoretical framework and literature linking competition policy and...
Persistent link: https://www.econbiz.de/10012979479
The Global Antitrust Institute (“GAI”) respectfully submits this Comment to the U.S. Department of Justice (“DOJ”) and the Federal Trade Commission (“FTC”) in connection with their Request for Information on Merger Enforcement (“Merger RFI”). This comment addresses the questions...
Persistent link: https://www.econbiz.de/10013290950
The Global Antitrust Institute (“GAI”) respectfully submits this Comment to the U.S. Department of Justice (“DOJ”) and the Federal Trade Commission (“FTC”) in connection with their Request for Information on Merger Enforcement (“Merger RFI”). The GAI welcomes the opportunity to...
Persistent link: https://www.econbiz.de/10013291866
The Global Antitrust Institute (“GAI”) respectfully submits this Comment to the U.S. Department of Justice (“DOJ”) and the Federal Trade Commission (“FTC”) in response to their Request for Information on Merger Enforcement. This Comment addresses the questions related to Purpose,...
Persistent link: https://www.econbiz.de/10013291869
The Global Antitrust Institute (“GAI”) respectfully submits this Comment to the U.S. Department of Justice (“DOJ”) and the Federal Trade Commission (“FTC”) in connection with their Request for Information on Merger Enforcement (“Merger RFI”) This comment addresses the questions...
Persistent link: https://www.econbiz.de/10013291870
This Comment focuses on Section 7: Potential and Nascent Competition of the Department of Justice and Federal Trade Commission's January 18, 2022, Request for Information on Merger Enforcement. Despite information and uncertainty problems with assessing potential and nascent competition, the...
Persistent link: https://www.econbiz.de/10013291871
The rise of big data in the global economy has led to concerns about antitrust and consumer protection, but policy makers often treat the two areas separately. The separate treatment is justified in classical markets because antitrust tends to focus on firm-to-firm interactions, while consumer...
Persistent link: https://www.econbiz.de/10013245084
Using the overcharge estimates for 395 cartel episodes, we evaluate the impact of cartel characteristics on the size of overcharges imposed by cartels in different geographic markets and during six antitrust law regimes starting from the 18th century. We find that the average overcharge imposed...
Persistent link: https://www.econbiz.de/10012750256