Bodnar, Olivia; Fremerey, Melinda; Normann, Hans-Theo; … - 2021
immunity regarding the public cartel fines, they have no or only restricted protection against private third-party damage … claims. This may stabilize cartels. We run an experiment to study this issue. Firms choose whether to join a cartel, may … claims reduces cartel formation but makes cartels indeed more stable. The negative effect of damages is avoided in a novel …