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analysis and investigates whether they operate efficiently. The CFD cartel-audit should enable the detection of cartels via … patterns. The CFD cartel-audit attempts to draw conclusions from these patterns in order to find hidden cartels and to engage …
Persistent link: https://www.econbiz.de/10009369550
We investigate the effect of a ban on third-degree price discrimination on the sustainability of collusion. We build a …' discount factor has to be higher in order to sustain collusion in grim-trigger strategies under price discrimination than under …
Persistent link: https://www.econbiz.de/10012996205
In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the assumption that some firms collude and control both the range of variants for sale and their corresponding prices, likewise a multiproduct firm. We analyse whether pruning...
Persistent link: https://www.econbiz.de/10012997248
profits in the form of higher wages and benefits. A threat to this cartel is an employer who wants to bargain with the union …-association employer’s union employees’ interests is not available. In enforcing this scheme a cartel’s primary tactic is the use of “most … scholars, antitrust law is an ineffective tool to remedy union-association cartel behavior. Instead, the Article puts forward …
Persistent link: https://www.econbiz.de/10014200477
organizing a mobile phone cartel with stable market shares (one-half, one-third and one-sixth respectively) and for directly … cartel, BT was too small for it to be worth its while to join it; it is not necessary to exchange information directly to … assuming that the costs are kept the same when switching from Cournot competition to any form of cartel. We deduced that market …
Persistent link: https://www.econbiz.de/10014212678
increased potential for product market collusion. We consider all trajectories that are candidates for an optimal solution as … initial technologies, pursue innovations more quickly, and are less likely to abandon a technology. Product market collusion …
Persistent link: https://www.econbiz.de/10014126598
This paper develops a model that formalizes several connections between mergers, collusion and competition policy. In … equilibrium, firms may merge to make collusion sustainable when it cannot be sustained with the original set of firms. A rise in … the probability of detecting and prosecuting collusion could induce a wave of mergers, so firms can sustain collusion …
Persistent link: https://www.econbiz.de/10014110460
. We focus on a German coffee producer cartel that colluded under two different regimes: (i) involving wholesale prices in … without resale price maintenance in 2003. The cartel, however, broke down a few months after the announcement. The collusive … overcharge increased to 14% after the introduction of resale price maintenance, and the cartel lasted for a few years. We …
Persistent link: https://www.econbiz.de/10014080999
less inclined to collude than men when collusion harms a third party. No gender difference can be found in the absence of a … distance is small they hardly behave collusively when collusion harms a third party …
Persistent link: https://www.econbiz.de/10013296722
This paper investigates the collusive and competitive effects of algorithmic price recommendations on market outcomes. These recommendations are often non-binding and common in many markets, especially on online platforms. We develop a theoretical framework and derive two algorithms that...
Persistent link: https://www.econbiz.de/10014442786