Showing 91 - 100 of 40,338
This paper studies the effectiveness of collusion in the DRAM cartel. Like other high technology products, DRAM is … characterized by learning-by-doing and multi-product competition. I hypothesize that collusion is more difficult to sustain on a new …
Persistent link: https://www.econbiz.de/10012861112
has changed such that "tacit collusion" or "coordinated effects" become disturbingly more likely. It seems that antitrust … conceivable determinant of higher or lower collusion has been tested. This paper standardises the evidence by way of a meta …
Persistent link: https://www.econbiz.de/10013027879
control drugs. Our analysis highlights (i) the difficulty of establishing a suitable control group when collusion is pervasive … collusion on prices. Our most conservative estimates suggest that collusion led to price increases of between 0% and 166% for …
Persistent link: https://www.econbiz.de/10012670921
essay suggests that a fundamental change in antitrust policy is necessary to police against debt-control-based collusion …
Persistent link: https://www.econbiz.de/10013236520
This article examines optimal policy toward coordinated oligopolistic price elevation. First, it analyzes the social welfare implications of enforcement, elaborating the value of deterrence and the nature of possible chilling effects. Then, it explores a variety of means of detection, with...
Persistent link: https://www.econbiz.de/10013037859
In this paper we analyze cartel formation and self-reporting incentives when firms operate in several geographical markets and face antitrust enforcement in different jurisdictions. We are concerned with the effectiveness of leniency programs and the benefits of international antitrust...
Persistent link: https://www.econbiz.de/10013144908
first investigate the extent to which collusive agreements are feasible. Secondly, we focus on collusion sustainability in … an infinitely repeated game. We show that, regardless of the degree of cost asymmetry, at least some collusion is always … sustainable. Finally, the degree of collusion is also endogeneised to show that cooperation has an upper bound determined by the …
Persistent link: https://www.econbiz.de/10013243009
lowering the prices they offer to customers. These mechanisms create much greater scope for collusion than economic models … unconcentrated the industry becomes. In some instances, lower market concentration makes collusion easier; smaller firms may be more … dependent on collaboration with rivals and thus may be easier to punish if they undercut collusion. These results run directly …
Persistent link: https://www.econbiz.de/10013245478
Leniency programs lower the expected cost of anticompetitive behavior to the extent that they allow colluding firms to pay reduced fines. This paper connects this potential adverse effect to the number of firms involved in the cartel agreement. It is shown that leniency programs may provide...
Persistent link: https://www.econbiz.de/10012714612
Persistent link: https://www.econbiz.de/10010191415