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Antidumping creates opportunities for abuse to stifle market competition. Whether cartels actually abuse trade policy … that matches cartel investigations with trade data at the product level. We then estimate the world import price and … quantity effects of antidumping in cartel products. We find that the use of antidumping in cartel industries helps to maintain …
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absolute Commission fine. Independent variables fall into four groups: the extent of the cartel’s antitrust injuries; factors …-specific characteristics. The predictive power of the final model is quite satisfactory. We find that EC corporate cartel fines generally …In this paper, we estimate quantitatively the determinants of variation in administrative fines imposed on companies by …
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We analyze collusion under demand uncertainty by cartels such as OPEC that care about the utility derived from profits … for cartels to collusively restrict output both when demand is low and marginal dollars are highly-valued, and when demand …
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clandestine cartels. We also find that fines complement other antitrust penalties: the number of months that a corporate defendant … Justice has great latitude in recommending corporate cartel fines to the federal courts, and its recommendations are nearly … Antitrust Division of the DOJ on 118 corporate participants of hard-core global cartels. Our behavioral model provides the first …
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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 by cartel sanctions. While the average (median) overcharge …
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