disentangles the effects of traditional antitrust regulation, leniency, and cartel strategies. Without rewards to the strictly …We analyze maximal cartel prices in infinitely-repeated oligopoly models under leniency where fines are linked to … illegal gains, as often outlined in existing antitrust regulation, and detection probabilities depend on the degree of …

antitrust regulation on the endogenous maximal-sustainable cartel price. This impact depends upon industry characteristics … including its cartel culture. Our analysis disentangles the effects of traditional antitrust regulation and the leniency program …

This paper experimentally analyzes the cartel coordination challenge induced by the discrimination of cartel … ringleaders in leniency policies. Ringleaders often take a leading role in the coordination and formation of a cartel. A leniency … ringleader and may disrupt cartel formation. We analyze discriminatory and non-discriminatory leniency policies in a multi …

significantly decreased cartel activity. The design of these repeated game experiments however is such that engaging in illegal … the antitrust authority and the leniency program are directed exclusively to the most straightforward collusive scheme …

I find that current US's and EU's Antitrust laws -- in particular their "moderate" leniency programmes that only reduce … to punish it by reporting information to the Antitrust Authority …

The experimental literature on antitrust enforcement provides robust evidence that communication plays an important … innocuous communication and communication about a cartel, sanctioning only the latter. To this aim, we introduce a participant …

This special issue marks the 25th anniversary of the introduction of a leniency program for antitrust in the EU and … theoretical, empirical, and experimental literature on corporate leniency programs for antitrust. …

.S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing …While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political … preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U …