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We hypothesize a particular source of cartel instability and explore its relevance to understanding cartel dynamics …. The cartel instability is rooted in the observation that, upon cartel formation, the relative positions of firms are often … fixed which may lead some growthconscious members to be discontent. This incongruity between a cartel member’s allocated …
Persistent link: https://www.econbiz.de/10010424815
This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...
Persistent link: https://www.econbiz.de/10014023495
We investigate the impact of cartel breakdowns on merger activity. Merging information on cartel cases decided by the … average number of all merger transactions increase by up to 51 percent when comparing the three years before the cartel … even more – by up to 83 percent – after the cartel breakdowns. Our results not only suggest that competition authorities …
Persistent link: https://www.econbiz.de/10009751721
Antitrust and competition law have grown dramatically in importance and significance over the last fifty years. US antitrust law has been the principal source of inspiration for jurisdictions wishing to introduce regulation to control cartels and monopolization, and antitrust regulation has now...
Persistent link: https://www.econbiz.de/10012913418
organizing a mobile phone cartel with stable market shares (one-half, one-third and one-sixth respectively) and for directly … cartel, BT was too small for it to be worth its while to join it; it is not necessary to exchange information directly to … assuming that the costs are kept the same when switching from Cournot competition to any form of cartel. We deduced that market …
Persistent link: https://www.econbiz.de/10014212678
for years or even decades. While the literature has presented several determinants of cartel stability, the vast majority …, the communication and internal structures within the cartels as well as their breakup. Our results indicate that cartel … individuals involved in these 15 cartels were female, suggesting that gender also plays a role for cartel formation. We further …
Persistent link: https://www.econbiz.de/10013362394
on registered horizontal cartels to learn about their inner working. Applying content analysis to legally binding cartel …
Persistent link: https://www.econbiz.de/10011393136
Due to being much better documented, legal cartels have recently attracted the interest of many researchers who aim to understand the functioning of illegal cartels in detail. This paper contributes to the question of what we can learn from legal cartels by taking a closer look at the cement...
Persistent link: https://www.econbiz.de/10011334610
registration with the Austrian Cartel Court. We obtained access to the registration data, and scanned them all towards a …
Persistent link: https://www.econbiz.de/10010458226
and higher costs. We examine Canada's alleged bread cartel and provide the first comprehensive analysis of hub …
Persistent link: https://www.econbiz.de/10012670820