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The Law and Economics of Enhancing Cartel Enforcement: Using Information from Non-Cartel Investigations to Prosecute Cartels

Ghosal, Vivek - CESifo - 2011

I present the following proposal: information revealed during non-cartel investigations by competition law enforcement … investigate and prosecute cartels. Currently, in several jurisdictions, information acquired in, for example, a M&A investigation … typically cannot be directly used for a cartel case due to the underlying statutes and the legal and administrative procedures …

Persistent link: https://www.econbiz.de/10009147742

How Antitrust Enforcement Can Spur Innovation : Bell Labs and the 1956 Consent Decree

Watzinger, Martin - 2017

We study the 1956 consent decree against the Bell System to investigate whether patents held by a dominant firm are harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an antitrust lawsuit that charged Bell with having...

Persistent link: https://www.econbiz.de/10012960483

Private Enforcement, Corruption, and Antitrust Design

Grajzl, Peter - 2015

Recent adoption of competition laws across the globe has highlighted the importance of institutional considerations for antitrust effectiveness and the need for comparative institutional analyses of antitrust that extend beyond matters of substantive law. Contributing to the resulting nascent...

Persistent link: https://www.econbiz.de/10013009886

Upward Pricing Pressure of Mergers Weakening Vertical Relationships

Langus, Gregor - 2016

We modify the UPP test of Farrell and Shapiro (2010) to take into account the possibility that a merger weakens (or eliminates) a vertical supply relationship. After deriving a general effect of the merger, we provide an example of simple estimation strategy when only prices, costs and market...

Persistent link: https://www.econbiz.de/10012999622

Multi-Market Collusion with Demand Linkages and Antitrust Enforcement

Choi, Jay Pil - 2009

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 …

Persistent link: https://www.econbiz.de/10013160219

Global Cartels, Leniency Programs and International Antitrust Cooperation

Choi, Jay Pil - 2010

In this paper we analyze cartel formation and self-reporting incentives when firms operate in several geographical … effectively. We then discuss the effects of information sharing among antitrust authorities as a function of how much and which … type of information is exchanged. We show that extensive information sharing might have an adverse effect on self …

Persistent link: https://www.econbiz.de/10013144908

Law Enforcement, Municipal Budgets and Spillover Effects : Evidence from a Quasi-Experiment in Italy

Galletta, Sergio - 2016

In this paper, I empirically investigate the presence of spillover effects resulting from the strengthening of law enforcement against corruption and organized crime in local governments. Specifically, I take advantage of an Italian law that gives power to the central government to replace...

Persistent link: https://www.econbiz.de/10012998681

Compliance Technology and Self-Enforcing Agreements

Harstad, Bård - 2015

We analyze a repeated game in which countries are polluting as well as investing in technologies. While folk theorems point out that the first best can be sustained as a subgame-perfect equilibrium when the players are sufficiently patient, we derive the second best equilibrium when they are...

Persistent link: https://www.econbiz.de/10013011799

Merger Policy in a Quantitative Model of International Trade

Breinlich, Holger - 2016

In a two-country international trade model with oligopolistic competition, we study the conditions on market structure and trade costs under which a merger policy designed to benefit domestic consumers is too tough or too lenient from the viewpoint of the foreign country. Calibrating the model...

Persistent link: https://www.econbiz.de/10012988892

Fighting Collusion by Permitting Price Discrimination

Helfrich, Magdalena - 2016

We investigate the effect of a ban on third-degree price discrimination on the sustainability of collusion. We build a model with two firms that may be able to discriminate between two consumer groups. Two cases are analyzed: (i) Best-response symmetries so that profits in the static Nash...

Persistent link: https://www.econbiz.de/10012996205