The U.S. and E.U. have recently increased prosecution of international cartels; few developing countries have similar enforcement. If these cartels have significant effects on developing economies, the lack of antitrust enforcement is a problem. Geographically limited prosecutions may not...

How do changes in competitive intensity affect trade patterns? Models of collusivearrangements in spatially separated markets generate testable predictions of the effects of collusion on price, trade patterns and concentration. We exploit a quasi-natural experiment associated with increased...

We examine the possible effects of private international cartels on developing countries by looking in detail at three recent cartel cases, as well as at a broader cross-section of 42 recently prosecuted international cartels. We discuss the indirect effects on developing country producers,...

The U.S. Department of Justice, the European Commission, and the Organization for Economic Cooperation and Development have all recently voiced concern about international price- fixing cartels. The U.S. and European Union have increased prosecution of international cartels in the past decade,...

We need to assure that any implementation of an “inability to pay†policy has specific, objective, and transparent criteria. Margaret Levenstein & Valerie Suslow (Univ. of Michigan)