pharmaceutical industry between originator and generic firms have been scrutinized critically by competition authorities for delaying … the market entry of generics and therefore harming consumers. In this paper we present a model that analyzes the tradeoff … a policy parameter for determining the optimal additional period for collusion that would maximize consumer welfare and …

legality with that under alternative standards. We find that the rule of per se legality induces maximal collusion among … settling companies. In comparison, the rule of per se illegality entirely prevents collusion and the rule of reason induces … limited collusion when antitrust enforcement is subject to error. Contrary to intuition, limited collusion can be welfare …

legality with that under alternative standards. We find that the rule of per se legality induces maximal collusion among … settling companies. In comparison, the rule of per se illegality entirely prevents collusion and the rule of reason induces … limited collusion when antitrust enforcement is subject to error. Contrary to intuition, limited collusion can be welfare …

compared to the underlying litigations. We find that the rule of per se legality induces maximal collusion among settling … when antitrust enforcement is subject to error. Contrary to intuition, limited collusion can be welfare enhancing as it …

remedied.To this end, this article introduces the first taxonomy of collusion on blockchain. The discussion then moves on to … technology. Along the way, we propose methods of action for antitrust and competition agencies …

legality with that under alternative standards. We find that the rule of per se legality induces maximal collusion among … settling companies. In comparison, the rule of per se illegality entirely prevents collusion and the rule of reason induces … limited collusion when antitrust enforcement is subject to error. Contrary to intuition, limited collusion can be welfare …

lower sanctions imposed by competition authorities, especially for large cartels. By that, the paper sheds new light on two …

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 …

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 … ineffective; it may even increase collusion. Increasing the probability of an investigation at low levels does not increase …

oligopolistic tacit collusion as such, but that reputes abusive a set of tactics adopted by tacitly colluding oligopolists exposed … to disruption. As much as deviation is an internal force likely to undermine tacit collusion, disruption is a powerful … pro-competitive promises if oligopolists tinker to restore a collusive equilibrium. This paper suggests that competition …