The paper assesses the impact of the detection of a hard-core cartel in the Swiss market for road surfacing on post-cartel … derives estimates of the economic effects of the decision. The results indicate that the detection of the cartel may have led … durable gains for the customers. -- Competition Policy ; Evaluation ; Cartels ; Switzerland …

The paper assesses the impact of the detection of a hard-core cartel in the Swiss market for road surfacing on post-cartel … derives estimates of the economic effects of the decision. The results indicate that the detection of the cartel may have led …

A challenge for many cartels is avoiding a destabilizing increase in non-cartel supply in response to having raised … price. In the case of the German cement cartel that operated over 1991-2002, the primary source of non-cartel supply was … imports from Eastern European cement manufacturers. Industry sources have claimed that the cartel sought to control imports by …

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 …

We analyze how leniency affects cartel pricing in an infinitely-repeated oligopoly model where the fine rates are … we focus on the worst possible outcome. We investigate the maximal cartel price, the largest price for which the … conditions for sustainability hold. We analyze how the maximal cartel price supported by different cartel strategies adjusts in …

on average significantly lower in cartel years than in non-cartel years. …

Germany, we study a cartel breakdown to identify the effect of competition on transport distances. Our econometric analyses …

direction in which to rig the rate, however, their interests need to be sufficiently aligned. In this paper we develop cartel … theory to show how an interbank lending rates cartel can be sustained by preemptive portfolio changes. Exchange of … in eligible transactions rigging to justify their submissions. As the cartel is not able to always find stable …

direction in which to rig the rate, however, their interests need to be sufficiently aligned. In this paper we develop cartel … theory to show how an interbank lending rates cartel can be sustained by preemptive portfolio changes. Exchange of … in eligible transactions rigging to justify their submissions. As the cartel is not able to always find stable …

on average significantly lower in cartel years than in non-cartel years. …