; they do not include the likely fee increases resulting from less competition among auditors. We calculate that the latter …

likely fee increases resulting from less competition among audit firms. The latter could result in audit fee increases …

(which we label “multi-industry contact”) leads to less (price) competition overall, which suggests mutual forbearance among …

large public accounting firms in the audit market. Recent events have increased concern about the lack of competition in the … auditing industry. Using market concentration measures we examine the level of competition among the remaining active audit …