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This paper describes the sources and methods used to create the PIC data set, which the author believes to be the largest collection of legal-economic information on contemporary price-fixing cartels. It details the scope, strengths, and limitations of the data therein. Moreover, summary...
Persistent link: https://www.econbiz.de/10013049390
This paper deals with the optimal enforcement of competition law between merger and anti-cartel policies. We examine the interaction between these two branches of antitrust, given the budget constraint of the public agency, and taking into account the ensuing incentives for firms in terms of...
Persistent link: https://www.econbiz.de/10013046016
efficient and useful procedural tool within the European Union competition law regime. The data room procedure in the EU is made …
Persistent link: https://www.econbiz.de/10012919888
With its more than a decade-long enforcement practice, Turkish competition law has undergone significant changes that could indicate a move towards converging with the European jurisdiction in many respects. In particular, the Turkish merger control regime has been introduced to a new...
Persistent link: https://www.econbiz.de/10012923643
submit that it would amount to a consistent completion of the legal framework within the EU …
Persistent link: https://www.econbiz.de/10012934717
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
Industry-wide voluntary agreements are touted as a means for corporations to take more corporate social responsibility (CSR). We study what type of joint CSR agreement induces firms to increase CSR efforts in a model of oligopolistic competition with differentiated products. Consumers have a...
Persistent link: https://www.econbiz.de/10012591411
When a firm that took part in a cartel faces the risk that the Commission imposes a fine that is disproportionate as compared to its ability to pay and that could lead it to exit from the market, it may explore various procedural options to request that its economic and financial situation be...
Persistent link: https://www.econbiz.de/10013223191
. Arguments advancing a perceived ‘criminalisation' of the EU fines on cartels coupled with the success rate of appeals on the … pertinent issues regarding the need for institutional reform, in particular a specialised EU Competition Tribunal. The present … contribution seeks to highlight several hurdles in appeals as reflected by the interpretation of the EU Charter of Fundamental …
Persistent link: https://www.econbiz.de/10013031560
In The Antitrust Paradox, Robert Bork discusses policy responses to naked and ancillary price fixing as well as vertical restraints. Empirical research finds that vertical restraints are generally welfare-enhancing. We examine cartels that used vertical restraints to support collusion. We find...
Persistent link: https://www.econbiz.de/10013033863