We develop a model to show that cartels that produce goods with lower durability are easier to sustain implicitly. This … observation gen- erates the following results: 1) implicit cartels have an incentive to pro- duce goods with an inefficiently low …

This paper presents and analyses economic data on 167 international cartels that were discovered by antitrust …, feed, and agricultural firms. On average, the cartels lasted nearly six years, but average durability declined by more than … 60% from the early 1990s to the early 2000s. In the early 2000s more than 20 international cartels were discovered each …