While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political ….S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing … penalties related to fines and jail terms. There appear to be four distinct cartel policy regimes: pre-1978, 1978-1992, 1993 …

This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We … show that cartel prosecution can have a knock-on effect: desisting a cartel in one market reduces profits and cartel … stability and leads to the break-up of the cartel in the adjacent market. Cartel prosecution can also have a waterbed effect …

In this paper we analyze cartel formation and self-reporting incentives when firms operate in several geographical … uncoordinated, multi-market contact allows firms to reduce the amount of self-reporting in equilibrium and sustain cartels more …-reporting by cartel members …

result, cartel prosecution can have a domino effect with the desistance of one cartel triggering the internal break-up of the … cartel in the adjacent market. We further find that the equilibrium in antitrust authorities' enforcement decisions may …