illegal gains, as often outlined in existing antitrust regulation, and detection probabilities depend on the degree of … disentangles the effects of traditional antitrust regulation, leniency, and cartel strategies. Without rewards to the strictly …

An antitrust authority deters collusion using fines and a leniency program. Unlike in most of the earlier literature …

We study antitrust enforcement that channels price-fixing incentives through setting fines and allocating resources to … detection activities. Antitrust fines obey four legal principles: punishments should fit the crime, proportionality, bankruptcy … challenge for optimal antitrust enforcement. We integrate the mentioned legal principles into an infinitely-repeated oligopoly …

traditional laws to regulate firms and corporations. This is best illustrated by antitrust laws. With the new technology, there is …. Traditional antitrust law does not apply to these markets because the high returns to scale are natural and not artificially …

Institute for the World Economy and at the Düsseldorf Institute for Competition Economics (DICE) for valuable comments on …

of an antitrust investigation initiated by the FAS Russia in 2020. During a shortage, one of the largest wrought …

If the state is a force monopolist, as Max Weber famously claimed, then the law is a kind of antitrust policy, with … integration — in this context state ownership of enterprise — has mirrored antitrust’s own approach to the vertical integration of …, differs greatly from antitrust’s own approach to private enterprise, which broadly exempts the charging of high prices from …

uprising is that present-day antitrust policy, forged in the rusty era of steel, oil, and cars, is now obsolete. We are in the … age of information, which ipso facto calls for new rules. A second animating theme is that the antitrust thinking of the … this new antitrust ground their arguments by returning to the historical roots of American antitrust policy. My contention …