antitrust regulation on the endogenous maximal-sustainable cartel price. This impact depends upon industry characteristics … including its cartel culture. Our analysis disentangles the effects of traditional antitrust regulation and the leniency program …

We analyze maximal cartel prices in infinitely-repeated oligopoly models under leniency where fines are linked to … collusion. We introduce cartel culture that describes how likely cartels persist after each conviction. Our analysis … disentangles the effects of traditional antitrust regulation, leniency, and cartel strategies. Without rewards to the strictly …

credible threats, hence, in theory buyer groups facilitate collusion. We run several experimental treatments in a three …

representative modern international cartel. The exercise reveals that the Commission's recent commitments to punish cartels are … likely to remain insufficient to deter collusion, unless European cartel enforcement produces a high (perceived) probability … of discovery across the board. This calls for broad, unbiased, random and active cartel detection …

-core cartels. We design a mechanism to form a hard-core cartel, which allows that multiple ringleaders emerge. Ringleaders often … "whistleblowers'" except for ringleaders may therefore reduce the incentive to become a ringleader and disrupt cartel formation. Yet … effect ultimately facilitates coordination in the explicit cartel …

We review the cartel penalty and leniency practices of the Competition Commission of India (CCI), in light of the law … reveals that although India’s Competition Act allows for a much harsher penalty than other jurisdictions in cartel cases, the …

The amino-acid lysine cartel was a watershed even in antitrust enforcement. It was the first global price … history of the global lysine cartel and the legal consequences for its members in the United States. The story focuses …

This paper presents an updated narrative of the history of the global lysine cartel and the legal consequences for its …