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We analyze the effects of antitrust and leniency programs in a repeated oligopoly model outlined in Motta and Polo … comparison of our results to the earlier results we come to a number of novel conclusions. Firstly, antitrust enforcement in the … judicial errors into account. Collusion ; Antitrust ; Self-reporting ; Judicial Errors ; Repeated Game …
Persistent link: https://www.econbiz.de/10009127993
Public and private action against cartels is an internationally recognized cornerstone of antitrust enforcement … legal systems treat interest and inflation as part of competition law actions for damages, and, using real-world data from …
Persistent link: https://www.econbiz.de/10010233583
While private actions for damages by customers against price-cartels receive much attention, the treatment of other groups affected by such conspiracies is largely unresolved. This article narrows the research gap with respect to suppliers to a downstream price cartel. First, we show that such...
Persistent link: https://www.econbiz.de/10010228570
private damage suits in the aftermath of antitrust litigation increase. The approaches implementation is embedded into current … flexible approach, provided that assumptions are correct and correctly implemented, and therefore approaches the "real world …
Persistent link: https://www.econbiz.de/10010230329
Damage compensation claims in case of cartels are supposed to increase deterrence, compensate losses and increase efficiency. I show that such claims can instead have adverse effects: If suppliers or buyers of cartelists are compensated in proportion to the profits lost due to the cartel,...
Persistent link: https://www.econbiz.de/10010194468
While private actions for damages by customers against price-cartels receive much attention, the treatment of other groups affected by such conspiracies is largely unresolved. This article narrows the research gap with respect to suppliers to a downstream price cartel. First, we show that such...
Persistent link: https://www.econbiz.de/10009787408
are symmetrically affected by antitrust policies and macroeconomic fluctuations. Our results shed light on the design of …
Persistent link: https://www.econbiz.de/10009685867
possibilities to judge on the successfulness of cartel enforcement activities by competition authorities around the world …
Persistent link: https://www.econbiz.de/10008701356
While private actions for damages against price-cartels by direct and indirect customers receive much attention, it is largely unresolved to what extent other groups that are negatively affected may claim compensation. This paper focuses on probably the most important one: suppliers to a...
Persistent link: https://www.econbiz.de/10010468358
illegal. The model assumes enforcement risk and firms that are imperfectly informed about antitrust law enforcement. It is …
Persistent link: https://www.econbiz.de/10010439221