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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 …
Persistent link: https://www.econbiz.de/10010402216
An antitrust authority deters collusion using fines and a leniency program. It chooses the probability of an … investigation. Firms pick the degree of collusion: The more they collude, the higher are profits, but so is the probability of … inffective; it may even increase collusion. Increasing the probability of an investigation at low levels does not increase …
Persistent link: https://www.econbiz.de/10011919342
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
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/10012261718
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 …
Persistent link: https://www.econbiz.de/10011420625
An antitrust authority deters collusion using fines and a leniency program. It chooses the probability of an … investigation. Firms pick the degree of collusion: The more they collude, the higher are profits, but so is the probability of … inffective; it may even increase collusion. Increasing the probability of an investigation at low levels does not increase …
Persistent link: https://www.econbiz.de/10012112083
antitrust exemption, access rules to Judo tournaments, sale systems of media rights in European football as well as a unique …
Persistent link: https://www.econbiz.de/10011750697
antitrust exemption, access rules to Judo tournaments, sale systems of media rights in European football as well as a unique …
Persistent link: https://www.econbiz.de/10011750292
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
Sellers are increasingly utilizing big data and sophisticated algorithms to price discriminate among customers. Indeed, we are approaching a world, where each consumer will be charged a personalized price for a personalized product or service. Is this type of price discrimination good or bad?...
Persistent link: https://www.econbiz.de/10011923695