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Policy Innovations, Political Preferences, and Cartel Prosecutions

Ghosal, Vivek - 2016

, collusion …

Persistent link: https://www.econbiz.de/10013003617

Policy Innovations, Political Preferences, and Cartel Prosecutions

Ghosal, Vivek - 2015

, collusion …

Persistent link: https://www.econbiz.de/10013012564

The Effectiveness of Leniency Programs when Firms choose the Degree of Collusion

Emons, Winand - 2020

An antitrust authority deters collusion using fines and a leniency program. It chooses the probability of an … investigation. Firms pick the degree of collusion: The more they collude, the higher are profits, but so is the probability of … ineffective; it may even increase collusion. Increasing the probability of an investigation at low levels does not increase …

Persistent link: https://www.econbiz.de/10012851094

Procompetitive Justifications in Antitrust Law

Newman, John M. - 2020

The Rule of Reason, which has come to dominate modern antitrust law, allows defendants the opportunity to justify their conduct by demonstrating “procompetitive” effects. Seizing the opportunity, defendants have begun offering increasingly numerous and creative explanations for their...

Persistent link: https://www.econbiz.de/10012853929

Global Cartels Redux : The Lysine Antitrust Litigation

Connor, John M. - 2014

The amino-acid lysine cartel was a watershed even in antitrust enforcement. It was the first global price-fixing conspiracy to be convicted by U.S. or EU antitrust authorities in 40 years. This paper presents an updated narrative of the history of the global lysine cartel and the legal...

Persistent link: https://www.econbiz.de/10013044502

Networks, Cartels, and Antitrust Policy

Cuerdo Mir, Miguel - 2014

Despite multiple applications of network theory in different fields of social and legal sciences in general, the possibility of applying this theory to the economic analysis of the antitrust law and, more specifically, to the study of cartels has not yet been considered. This paper develops a...

Persistent link: https://www.econbiz.de/10013044592

Woodstock Antitrust

First, Harry - 2018

Before there was Hipster antitrust there was Woodstock antitrust. Flourishing in the decade from 1969 to 1979, Woodstock antitrust sought to take on the central issues in antitrust. Looking back we can see a program of enforcement and proposed legislation that constituted a radical effort to fix...

Persistent link: https://www.econbiz.de/10012918944

Raising Rivals' Costs Through Cartel Detection - Why Downstream Buyers Rather Face an Upstream Cartel than Downstream Competition

Clemens, Georg - 2018

This paper analyses how the endogenous detection of an upstream cartel by a down-stream buyer allows the detecting firm to raise rivals' cost. We model a market with a vertical structure, where a stable all-inclusive cartel is operating in the upstream market which provides an input to a...

Persistent link: https://www.econbiz.de/10012934303

Nationalistic Bias in Collusion Prosecution : The Case for International Antitrust Agreements

Garcia, Filomena - 2018

We study the incentives of competition authorities to prosecute collusive practices of domestic and foreign firms in a multi-market contact model between two firms operating in two countries. In equilibrium, the country of origin of the firms might prefer to delay prosecution to protect pro ts...

Persistent link: https://www.econbiz.de/10012934346

The inner workings of a hub-and-spoke cartel in the automotive fuel industry

Chaves, Daniel; Duarte, Marco - 2021

We analyze a hub-and-spoke cartel in the Brazilian automotive fuel industry. Using the court documents and detailed data on the supply chain we uncover three mechanisms beyond information sharing used by wholesalers (hub) to help retailers (spokes) solve the obstacles of price coordination:...

Persistent link: https://www.econbiz.de/10012705135