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Persistent link: https://www.econbiz.de/10009660755
This chapter sets out the principles and emerging practice governing cartel damages in the EU and UK. It identifies the … have been be used to estimate overcharges, volume effects, and duration of a cartel. A version of the chapter is to appear …
Persistent link: https://www.econbiz.de/10013212073
This paper describes some major trends in cartelization of markets worldwide with a special emphasis on the economic injuries being generated by illegal collusion. Known affected commerce by international cartels discovered during 1990-2014 exceeds a nominal $13.6 trillion worldwide. Projections...
Persistent link: https://www.econbiz.de/10012954044
Based on an analysis of cartel prosecutions since 2007, this article assesses the way the European Commission has built …
Persistent link: https://www.econbiz.de/10012940532
strategically linked via the incentive compatibility constraint. Importantly, trade costs affect cartel shipments and welfare not … costs exert a negative and significant effect on cartel discipline. In turn, cartel discipline has a negative and …We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs …
Persistent link: https://www.econbiz.de/10012926563
strategically linked via the incentive compatibility constraint. Importantly, trade costs affect cartel shipments and welfare not … costs exert a negative and significant effect on cartel discipline. In turn, cartel discipline has a negative and …We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs …
Persistent link: https://www.econbiz.de/10011781965
This paper assesses the antitrust fines and private penalties imposed on the participants of 260 international cartels discovered during 1990-2005, using four indicators of enforcement effectiveness. First, the United States is almost always the first to investigate and sanction international...
Persistent link: https://www.econbiz.de/10014050313
German cartel office power to divest dominant firms or oligopolies if this is necessary to restore competition. The paper … main effect would be through bargaining between the divested company and the cartel office. This poses problems under rule …
Persistent link: https://www.econbiz.de/10014221659
This paper develops a model that formalizes several connections between mergers, collusion and competition policy. In equilibrium, firms may merge to make collusion sustainable when it cannot be sustained with the original set of firms. A rise in the probability of detecting and prosecuting...
Persistent link: https://www.econbiz.de/10014110460
basis of an erroneous calculation of the level of fines, as well as the overall length of cartel proceedings, raise other …
Persistent link: https://www.econbiz.de/10013031560