governance and competition, but debt-control-based governance is a critical part of the corporate landscape. Further, various … essay suggests that a fundamental change in antitrust policy is necessary to police against debt-control-based collusion …

an important parameter that determines firms' market strategies. We study collusion in a quality differentiated duopoly … of collusion is associated with quality differentiation in a non-monotonic way. For low levels of differentiation, an … increase in quality difference makes collusion less stable. The opposite holds for high levels of differentiation. Also, while …

This paper analyzes the impact vertical integration has on upstream collusion when the price of the input is linear. As … discount factor needed to sustain this equilibrium is then shown to be unambiguously lower than the one needed for collusion in …

This paper investigates the effects on tacit collusion of increased market transparency on the consumer side of a … underbutting the collusive price. It also decreases the punishment profit. The net effect is that collusion becomes harder to … for tacit collusion …

' ability to collude in a dynamic game of price competition with homogeneous goods. We find that passive backward acquisitions … impede downstream collusion. The main driver of our finding is that a passive backward acquisition secures an acquirer from … zero continuation profits after a breakdown of collusion. This anti-collusive effect cannot be outweighed by a lower …

both price and quantity competition, and the main features are broadly consistent with common cartel practice identified by …

agent that defects from fines and from other agents' punishment; and (b) by increasing the riskiness of crime/collusion, in …

are that foreclosure is in fact a subgame perfect Nash equilibrium of the repeated game, and it may facilitate collusion …

the structures of this market for which an entry threat facilitates collusion between incumbents. While the entry threat … leaves collusion and deviation profits unchanged, it lowers profits in punishment periods. Consequently, an entry threat … discourages deviations and facilitates collusion, thus benefiting incumbents. …