We report on an experiment designed to study a dynamic model of quantity competition where firms continuously revise …

considerations, and minimum fines. Bankruptcy considerations limit maximum fines, ensure abnormal cartel profits and impose a … lower price by making it more attractive than collusion on higher prices. For a range of low cartel prices, the fine is set … to the legal mi nimum. Raising minimum fines will enable the cartel to raise its price and is better avoided. Our …

In this paper we set out the welfare economics based case for imposing cartel penalties on the cartel overcharge rather … of a penalty based on the cartel overcharge with three other penalty regimes: fixed penalties; penalties based on revenue … conjunction with the above result, our analysis of cartel stability (and thus deterrence), shows that penalties based on the …

Concerns about how e-commerce poses a serious threat to the existing competition law regime has been raised by scholars … tacit collusion has emerged as a serious issue. The Indian competition law, like the law in the US or the EU, requires some …