theory, while sociological theories of social ties and intergroup comparisons suggest that bilateral cooperation can be …

abolishing this law makes it possible for a single country to establish a cartel that successfully appropriates foreign business … cartels that rend ers lower profits and higher consumer rents than would have been the case with harmonization of the …

merger will be effectively realised. Moreover, the paper offers a possible explanation for merger failures. …

The seminal paper by Salant, Switzer and Reynolds (1983) showed that merger in a standard Cournot framework with linear … demand and linear costs is not profitable unless a large majority of the firms are involved in the merger. However, many … recurring to cost savings of merger. Firms interact with each other, with customers, suppliers, their owners, and with …

I study an indefinitely repeated game where firms differ in size. Attempts to form cartels in such an environment, for … example by rationing outputs in a manner linked to firm size differences, have generally struggled. Any successful cartel has …

collusive arrangements are unusual. -- tacit collusion ; game theory ; Canada ; price war …