Dargaud, Emilie; Mantovani, Andrea; Carlo, Reggiani - 2013
The fight against cartels is a priority for antitrust authorities on both sides of the Atlantic. What differs between …, is more effective in deterring cartels than the profit based one. When evaluating social welfare, a trade-off between … deterrence and output distortion can arise. However, if the antitrust authority focuses on consumer surplus, then the delegation …