Ghosal, Vivek; Sokol, D. Daniel - 2015
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 …