requiring a higher CSR level by regulation while preserving competition always gives higher within-market welfare. …

We analyze how leniency affects cartel pricing in an infinitely-repeated oligopoly model where the fine rates are … we focus on the worst possible outcome. We investigate the maximal cartel price, the largest price for which the … conditions for sustainability hold. We analyze how the maximal cartel price supported by different cartel strategies adjusts in …

common beliefs and the existing literature, that conspirators often apply for leniency long after a cartel collapses. We …

actual cartel effects. In this paper, we show that misdating cartel effects leads to a (weak) overestimation of but … antitrust damage estimation based on predicted cartel prices can have either sign. We extend the before-during-and-after method … with an empirical cartel dating procedure that uses multiple structural break tests to determine the actual begin and end …