Showing 1 - 10 of 118
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
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 reports: reporting makes conviction only more likely, the...
Persistent link: https://www.econbiz.de/10011420625
-trust innovation. The authorities wish to thwart cartels and promote competition. This effect is not evident, however; whistle …
Persistent link: https://www.econbiz.de/10010263063
exemption for so-called ministerial cartels under Section 8 GWB was discarded without replacement. Similar to the still existing … from the general ban on cartels under Section 1 GWB for "predominant reasons relating to the economy as a whole and the … the much-discussed instrument of ministerial approval under Section 42 GWB by a regulation on the exemption of cartels …
Persistent link: https://www.econbiz.de/10012264937
We provide an empirical assessment of EC cartel enforcement decisions between 2000 and 2011. Following an initial characterisation of our dataset, we especially investigate the determinants of the duration of cartel investigations. We are able to identify several key drivers of investigation...
Persistent link: https://www.econbiz.de/10010310856
Cartels were legal to a large extent in Austria until the country’s EU Accession in 1995. We examine archival material … on registered horizontal cartels to learn about their inner working. Applying content analysis to legally binding cartel … contracts, we comprehensively document different collusion methods along the lines described by Stigler (1964). Quota cartels …
Persistent link: https://www.econbiz.de/10011393136
Persistent link: https://www.econbiz.de/10011401217
Persistent link: https://www.econbiz.de/10010516028
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
to screen industries that traditionally apply delivered pricing for the presence of cartels. We operationalize this … screen with a software. The test is hard to beat for cartels using this otherwise elusive form of price-fixing. When a cartel …
Persistent link: https://www.econbiz.de/10011377553