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Persistent link: https://www.econbiz.de/10010191415
; collusion ; exclusive dealing ; minimum purchase clauses ; rebates …
Persistent link: https://www.econbiz.de/10009631585
Tacit collusion reduces welfare comparably to explicit collusion but remains mostly unaddressed by antitrust … that facilitate tacit collusion by providing quantitative evidence that links these actions to an anticompetitive market … about collusion. …
Persistent link: https://www.econbiz.de/10009777055
The objective of this paper is to investigate the impact of R&D cooperation on cartel formation in the product market. The R&D investments that precede the production process are aimed at the reduction of the unit manufacturing costs, and could create positive externalities for the potential...
Persistent link: https://www.econbiz.de/10009782017
that resembles traditional tacit collusion, I conduct market experiments with human participants in the same environment …
Persistent link: https://www.econbiz.de/10013313463
Economic theory provides ambiguous and conflicting predictions about the association between algorithmic pricing and competition. In this paper we provide the first empirical analysis of this relationship. We study Germany's retail gasoline market where algorithmic-pricing software became widely...
Persistent link: https://www.econbiz.de/10012286512
Economic theory provides ambiguous and conflicting predictions about the association between algorithmic pricing and competition. In this paper we provide the first empirical analysis of this relationship. We study Germany’s retail gasoline market where algorithmic-pricing software became...
Persistent link: https://www.econbiz.de/10012263827
agreement. I obtain that collusion is easier to sustain the larger the cartel is. Then, I explore the implications of this …, they risk that collusion completely collapses, as remaining cartel members are unable to sustain collusion. …
Persistent link: https://www.econbiz.de/10011600408
the corresponding increased potential for product market collusion. We consider all trajectories that are candidates for …. Product market collusion could thus yield higher total surplus. …
Persistent link: https://www.econbiz.de/10011602548
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/10011982484