Although the pricing dynamics of hardcore cartels have been studied intensively from a theoretical perspective … increase profits. Our results have important implications for both the design of screening tools to detect cartels as part of …

with an elevated risk of cartelization. We argue that customers of hard core cartels can have both incentives and … endeavour to fight hard core cartels. …

-2003, and 2004-2013. Our empirical estimates show significant variation in the number of cartels prosecuted and the penalties … imposed across the policy regimes. The more recent regimes are characterized by far fewer cartels prosecuted, but with … cartels to larger and multinational firms. In terms of political effects, our results reveal no clear inter-political party …

-stage cartel formation experiment where multiple ringleaders may emerge. Although theory predicts that cartels will always be …

We use a dataset of 615 firms which participated in 114 illegal cartels - convicted by the European Commission between …

Traditional economic theory of collusion assumed that cartels are inherently unstable, and yet some manage to operate … focuses on firms as entities, even though cartels are typically formed between individuals who need to develop structures that … allow them to establish trust and ensure cooperation. We analyze 15 German cartels, focusing on the individual participants …

and regulations. We use data of 467 firm groups that participated in 88 cartels convicted by the European Commission …

data of 234 firm groups that participated in 63 cartels convicted by the European Commission between 2000 and 2012 to …