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One of the prime issues in the antitrust and competition law1 compliance field is how to deal with the risk of collusive or cartel behavior which involves willful violations of the law. In the past much of antitrust compliance work has focused on training, perhaps accompanied by an antitrust...
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Cartel detection has been an important part of antitrust scholarship and policy for some time. Most of the development of the literature on cartel detection has focused at the firm level. This should not be surprising since industrial organization studies firms and markets. Antitrust scholarship...
Persistent link: https://www.econbiz.de/10014159085
This paper analyzes the competitive interplay of prices amongst retail channels: offline (brick-and-mortar) and online (such as retailers’ websites and online marketplaces). We find evidence of a close competitive relationship between the two channels, in which prices correspond tightly across...
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We must recognize deficient structures so that we can proactively reform them, minimizing the likelihood of abuse. To enhance deterrence and detection of illegal behavior, we must screen these markets regularly: screens have historically flagged many of the largest financial scandals and they...
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Collusion among bidders is a recurring problem in both public and private procurements. This is evident from recent U.S. enforcement actions and those of other jurisdictions across the globe targeting bid-rigging cartels and resulting in substantial fines, civil damages, and terms of...
Persistent link: https://www.econbiz.de/10012907378
There are a variety of legitimate reasons why competitors may need or simply wish to collaborate. Firms may collaborate in order to finance innovation and improve the quality or variety of their existing products, to develop new and superior products, to expand to new markets, or to improve...
Persistent link: https://www.econbiz.de/10012907379
Recent research has focused on complex antitrust issues of stemming from corporate uses of “Big Data” and “Machine Learning” pricing algorithms. For instance, Whether could the pricing algorithms of two different companies ever could be said to be colluding with each other is just one of...
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