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The pro-collusive effect of increased cartel detection probabilities
Hinloopen, Jeroen - 2004
An increase in cartel discovery probability due to irregular price movements that result from cartel defection is shown … to increase cartel stability as short-run defection profits are less likely to be earned. …
Persistent link: https://www.econbiz.de/10011337986
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Cartel and Monopoly Policy
Bouthinon-Dumas, Hugues - 2012
Firm strategies cannot be analyzed without taking into consideration the legal framework which governs the relationships between economic agents, especially competition law. As a consequence, firms have to maneuver through a complex universe, taking account of both the rules of the economic game...
Persistent link: https://www.econbiz.de/10013100306
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Multimarket Linkages, Cartel Discipline and Trade Costs
Agnosteva, Delina - 2018
. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are … strategically linked via the incentive compatibility constraint. Importantly, trade costs affect cartel shipments and welfare not … costs exert a negative and significant effect on cartel discipline. In turn, cartel discipline has a negative and …
Persistent link: https://www.econbiz.de/10012926563
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Calculating Cartel Damages
Veljanovski, Cento - 2021
This chapter sets out the principles and emerging practice governing cartel damages in the EU and UK. It identifies the … have been be used to estimate overcharges, volume effects, and duration of a cartel. A version of the chapter is to appear …
Persistent link: https://www.econbiz.de/10013212073
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Chapter 15 Antitrust
Kaplow, Louis; Shapiro, Carl - In: Handbook of law and economics : volume 2, (pp. 1073-1225). 2007
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
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Cartel Reporting under Passive Common Ownership
Charistos, Konstantinos; Papadopoulos, Konstantinos G. - 2022
cartel and therefore further favors collusion …
Persistent link: https://www.econbiz.de/10013299252
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Quantification of harm in damages actions for antitrust infringements : insights from German cartel cases
Friederiszick, Hans; Röller, Lars-Hendrik - 2010
court cases - the paper wholesaler cartel decision of 2007 and the cement cartel decision of 2009. We characterise the trade …
Persistent link: https://www.econbiz.de/10008699780
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How do sanctions work? : the choice between cartel formation and tacit collusion
Andres, Maximilian; Bruttel, Lisa Verena; Friedrichsen, Jana - 2021
This paper analyzes the inner workings of cartels. To understand how sanctioning institutions prevent cartel formation … suggests that sanctions are effective in hindering cartel formation not only because they introduce a risk of being fined but …
Persistent link: https://www.econbiz.de/10013332300
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Cartels Costly for Customers
Connor, John M. - 2017
This paper describes some major trends in cartelization of markets worldwide with a special emphasis on the economic injuries being generated by illegal collusion. Known affected commerce by international cartels discovered during 1990-2014 exceeds a nominal $13.6 trillion worldwide. Projections...
Persistent link: https://www.econbiz.de/10012954044
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Deterrence, Recidivism and European Cartel Fines
Veljanovski, Cento - 2018
Based on an analysis of cartel prosecutions since 2007, this article assesses the way the European Commission has built …
Persistent link: https://www.econbiz.de/10012940532