Die Inanspruchnahme der Kronzeugenregelungen stößt bei Kartellen mit multi-jurisdiktionalen Auswirkungen an ihre Grenzen. Das vorliegende Werk zeigt auf, dass ein Kartellant, der den Wettlauf bei der Stellung eines Kronzeugenantrags in einer Jurisdiktion gewinnt, keine Gewissheit hat, dass...

Although citizens value competitive markets and support small businesses, we observe substantial variation in market concentration. Why do politicians abstain from taking action to reduce concentration? We propose an often overlooked political benefit to concentrated markets: When concentration...

Utilizing Connor's International Cartel Database and employing difference-in-differences methodology, we find that market concentration, the number of buyers and cartel duration have significant impacts on cartel overcharges. We also find that the European Commission's 2006 guidelines on the...

There are many evidences which prove that cartels’ price leads to an economic inefficiency, due to the reduced consumers welfare. Antitrust authorities have set up different ways to defeat and prevent collusive agreements, but as widely showed by the literature, deterring collusion may have...