We investigate the impact of cartel breakdowns on merger activity. Merging information on cartel cases decided by the … average number of all merger transactions increase by up to 51 percent when comparing the three years before the cartel … European Commission (EC) between 2000 and 2011 with a detailed data set of worldwide merger activity, we find that, first, the …

There have been a number of studies attempting to quantify the impact of cartels and mergers on prices. The state of …. Connor summarizes the existing empirical research that estimate the magnitude of the impact of cartels on prices. He … estimates that cartels increase prices by over 20% on average, and concludes that fines and damage awards do not sufficiently …

cartel overcharges and their antitrust policy implications. In this comment, we explain why we believe Langenfeld errs in his … large sample of historical cartel overcharges; the advisability of trimming outliers or large estimates from the sample …% presumption; and the implications of the average cartel overcharges results for optimal deterrence and antitrust policy …

cancel their procurements and resolicit bids after qualifying additional suppliers. Recent cartel cases show that cartels … potential for buyer resistance, the payoff to firms from forming a cartel exceeds that from merging. Thus, firms considering a … merger may have an incentive to collude instead. We discuss implications for antitrust and merger policy. …

This paper examines whether cartel breakdown provokes a period of intensive merger activity amongst the former … sample of 84 European cartels, it finds that mergers are indeed more frequent post-cartel breakdown, especially in markets … effects - alternatively, they may be the consequence of market restructuring, necessitated by more intense competition post-cartel …

We investigate the impact of cartel breakdowns on merger activity. Merging information on cartel cases decided by the … average number of all merger transactions increase by up to 51 percent when comparing the three years before the cartel … European Commission (EC) between 2000 and 2011 with a detailed data set of worldwide merger activity, we find that, first, the …

coordinated and unilateral competitive effects of merger. The central issue considered is when and how market shares, and market … concentration statistics derived from them, form an appropriate basis for presuming harm to competition from merger. This revision …

communication. Using a repeated, asymmetric capacity constraint price game, we show that, in line with theory, a partial cartel is …We analyze the pricing behavior of firms when explicit partial cartels have formed in experimental markets through … sufficient to increase market prices for all firms. Moreover, we find that prices of cartel insiders and outsiders are not …

on registered horizontal cartels to learn about their inner working. Applying content analysis to legally binding cartel …Cartels were legal to a large extent in Austria until the country’s EU Accession in 1995. We examine archival material … contracts, we comprehensively document different collusion methods along the lines described by Stigler (1964). Quota cartels …