The article seeks to fill the gap between tacit and explicit collusion in a setting where firms observe only their own … output levels and a common price, which includes a stochastic component. Without communication, firms fail to discriminate … between random shocks and marginal deviations, which constrains the scope for collusion. By eliminating uncertainty about what …

antitrust law has been the principal source of inspiration for jurisdictions wishing to introduce regulation to control cartels … area of economic activity affected by antitrust law: cartels and anti-competitive agreements; dominance and monopolization …

Due to being much better documented, legal cartels have recently attracted the interest of many researchers who aim to … understand the functioning of illegal cartels in detail. This paper contributes to the question of what we can learn from legal … cartels by taking a closer look at the cement industry which has a rich history of both legal and illegal cartels. We …

-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 …

the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments …Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of … less inclined to collude than men when collusion harms a third party. No gender difference can be found in the absence of a …

Antidumping creates opportunities for abuse to stifle market competition. Whether cartels actually abuse trade policy …

policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each …