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app on August 13, 2020. That same day, Apple removed Fortnite from the App Store and Epic Games filed an antitrust suit in … Court’s legal market definition and market power assessment, its findings under federal antitrust law (Sections 1 and 2 of … the Sherman Act) and state antitrust law (California’s Cartwright Act and Unfair Competition Law), and its breach of …
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This paper examines the phenomenon of management-initiated, court-supervised reorganization of companies in U.S. bankruptcy court. The proposed in-court persuasion mechanism reconciles excessive reorganizations of non-viable companies (and subsequent repeat failures) with management-initiated...
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may get fined by a cartel authority. We find that four-firm industries form cartels more often than duopolies because they …
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Factors facilitating collusion may not successfully predict cartel occurrence: when a factor predicts that collusion …
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Anti-trust infringers are liable jointly and severally, i.e., any offender may be sued and forced to compensate a … contribute in proportion to their relative responsibility for the victim's harm. We operationalize this for hardcore cartels …
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This paper presents an experiment to test effects of sequential entry on stability of collusion in oligopoly markets …. Previous research suggests that the larger the number of firms, the harder it is to sustain collusion. We find that when groups … start off small and the entrant is informed about the history of her group, collusion is easier to sustain than in groups …
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impede downstream collusion. The main driver of our finding is that a passive backward acquisition secures an acquirer from … zero continuation profits after a breakdown of collusion. This anti-collusive effect cannot be outweighed by a lower …
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