Showing 1 - 10 of 1,506
Explicit collusion, or cartel behavior, involves coordinated efforts among firms within a market to restrict … competition for their mutual benefit. Recidivism in this context occurs when cartel members, previously fined for such activities …, establish a new cartel in the future. This paper examines 111 cartel cases from various markets and periods in the US to assess …
Persistent link: https://www.econbiz.de/10015213703
n 2020, an antitrust lawsuit was filed against the Pork Integrators alleging a §1 Sherman Act violation. At the center of the Lawsuit, there is an alleged exchange of atomistic information about the Pork integrators’ operations using Agri Stats, Inc. as a clearinghouse. We use the Supreme...
Persistent link: https://www.econbiz.de/10015213843
successful in triggering evidence by cartel participants and thus in determining the collapse of several cartels, it has not … reduced considerably the length of the cartel proceedings, which is another potential benefit of leniency programmes. In this … duration of cartel proceeding. …
Persistent link: https://www.econbiz.de/10015222651
P2P networks have mainly been used for downloading cultural goods. This sociological research focuses on the practices and norms of users and designers. Drawing on a qualitative survey, it explores the many ways sharing takes place. It looks at P2P networks as file sharing communities and probes...
Persistent link: https://www.econbiz.de/10015223124
This article discusses changes in the U.S. telecommunications market over the last decade and argues that increasing competitive substitution from wireless and internetbased communications has undermined the rationale for conventional monopoly regulation of incumbent local telephone carriers....
Persistent link: https://www.econbiz.de/10015223201
The article present a brief analyze of theoretical virtues of free competition in relation with some visible limits and negative consequences observed in real economic life. Social intervention to correct (at least in part) those social failures and the new responses of the firms are discussed...
Persistent link: https://www.econbiz.de/10015228251
In 2006, Russia amended its competition law and added the concepts of “collective dominance” and its abuse. This was seen as an attempt to address the common problem of “conscious parallelism” among firms in concentrated industries. Critics feared that the enforcement of this provision...
Persistent link: https://www.econbiz.de/10015228736
by a peculiar alliance between Chicago-style price theory – which, contrary to game theory, considers predatory behavior …
Persistent link: https://www.econbiz.de/10015228774
Abstract This paper analyzes and measures the value that American private banks added as directors of non financial companies. Using data between 1874 and 1913, and an event study from 1906, I find that bank directors added about 20% of a firm's market capitalization. Collusive practices...
Persistent link: https://www.econbiz.de/10015256169
-rigging cartel case and the methodology used in setting those sentences seriously undermines the effective enforcement of competition … months in the bid-rigging cartel was only three weeks wages or €7,500. No gaol sentence was imposed. The undertaking was … bid-rigging cartel case. If the sentences imposed by the Central Criminal Court are not successfully appealed as being …
Persistent link: https://www.econbiz.de/10015257148