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Persistent link: https://www.econbiz.de/10014045138
-price markets within the scope of antitrust law. But despite the critical role that such markets now play in modern economies, the … antitrust enterprise has largely failed to account for their unique attributes. In response, this Article undertakes two primary … tasks. The first is to address particular areas of current antitrust doctrine that require revision or reinterpretation in …
Persistent link: https://www.econbiz.de/10014132236
constrained. We show that collusion sustainability is non-monotonic in the size of the capacity constrained firm, which has little …
Persistent link: https://www.econbiz.de/10013473721
Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of … the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments … less inclined to collude than men when collusion harms a third party. No gender difference can be found in the absence of a …
Persistent link: https://www.econbiz.de/10012938866
Antidumping creates opportunities for abuse to stifle market competition. Whether cartels actually abuse trade policy …
Persistent link: https://www.econbiz.de/10012373130
preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U ….S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing …-2003, and 2004-2013. Our empirical estimates show significant variation in the number of cartels prosecuted and the penalties …
Persistent link: https://www.econbiz.de/10011346282
Persistent link: https://www.econbiz.de/10013412429
Traditional economic theory of collusion assumed that cartels are inherently unstable, and yet some manage to operate … focuses on firms as entities, even though cartels are typically formed between individuals who need to develop structures that … allow them to establish trust and ensure cooperation. We analyze 15 German cartels, focusing on the individual participants …
Persistent link: https://www.econbiz.de/10013362394
show that any vertical merger facilitates upstream collusion, no matter how large (in terms of capacity or size of product … collusion than a similar merger with a smaller buyer. This formalizes the idea expressed in the U.S. and EU non …
Persistent link: https://www.econbiz.de/10008468660
To encourage private actions for damages in antitrust cases some jurisdictions subtract a fraction of the redress from …
Persistent link: https://www.econbiz.de/10012159842