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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 … central features of antitrust policy. Our objective is to foster the improvement of legal regimes and also to identify topics …
Persistent link: https://www.econbiz.de/10014023495
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model scenario with differently informed consumers that MCCs primarily serve as a device to facilitate collusion instead of …
Persistent link: https://www.econbiz.de/10010321690
model scenario with differently informed consumers that MCCs primarily serve as a device to facilitate collu-sion instead of …
Persistent link: https://www.econbiz.de/10008621817
constrained. We show that collusion sustainability is non-monotonic in the size of the capacity constrained firm, which has little …
Persistent link: https://www.econbiz.de/10013473721
preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U ….S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing …-2003, and 2004-2013. Our empirical estimates show significant variation in the number of cartels prosecuted and the penalties …
Persistent link: https://www.econbiz.de/10011346282
Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of … the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments … less inclined to collude than men when collusion harms a third party. No gender difference can be found in the absence of a …
Persistent link: https://www.econbiz.de/10012938866
Antidumping creates opportunities for abuse to stifle market competition. Whether cartels actually abuse trade policy …
Persistent link: https://www.econbiz.de/10012373130
Traditional economic theory of collusion assumed that cartels are inherently unstable, and yet some manage to operate … focuses on firms as entities, even though cartels are typically formed between individuals who need to develop structures that … allow them to establish trust and ensure cooperation. We analyze 15 German cartels, focusing on the individual participants …
Persistent link: https://www.econbiz.de/10013362394
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