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While there are suggestions in applied cartel studies that price dispersion changes when cartelization of a market … the link between overt collusion and price dispersion. Formal theories and observation of cartel behavior suggest that …
Persistent link: https://www.econbiz.de/10005248358
This paper describes and analyzes the outcomes of cartel-whistleblower programs around the world, including those of …
Persistent link: https://www.econbiz.de/10012720249
Persistent link: https://www.econbiz.de/10012862644
total about $900 billion, of which global cartels account for 37%.• The average guilty cartel's estimated sales size is $917 … reached $233 billion, which equals 2.0% of affected sales.• More than half of all cartel penalties are paid to North American … executives total 1833 years.• Gross cartel overcharges are $64 to $286 trillion, two-thirds by global cartels.• Worldwide cartel …
Persistent link: https://www.econbiz.de/10012824590
Justice has great latitude in recommending corporate cartel fines to the federal courts, and its recommendations are nearly …-deterrence model is quite good. We find that U.S. corporate cartel fines are strongly directly related to economic injuries from …
Persistent link: https://www.econbiz.de/10012979998
selected cartel statistics from the July 2016 edition of PIC, i.e., cartels prosecuted over the past 26 years. In particular, I …
Persistent link: https://www.econbiz.de/10012980139
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
The amino-acid lysine cartel was a watershed even in antitrust enforcement. It was the first global price … history of the global lysine cartel and the legal consequences for its members in the United States. The story focuses …
Persistent link: https://www.econbiz.de/10013044502
cartel overcharges and their antitrust policy implications. In this comment, we explain why we believe Langenfeld errs in his … large sample of historical cartel overcharges; the advisability of trimming outliers or large estimates from the sample …% presumption; and the implications of the average cartel overcharges results for optimal deterrence and antitrust policy …
Persistent link: https://www.econbiz.de/10012947484
.•77% of corporate cartelists are from Europe of North America.•863 persons were indicted or sanctioned, 8 per cartel and 2 … per employer.•Prison sentences imposed total 400 years.•Gross cartel overcharges exceed $1.6 trillion, of which global …
Persistent link: https://www.econbiz.de/10013049390