منابع مشابه
Cartel Overcharges : Survey and Meta - Analysis
Attached is a formal analysis of a large sample of cartel overcharges that I believe is relevant to your consideration of remedies for naked price fixing. This research suggests that differences in methods of calculating overcharges do not have much effect on variation in the size of those calculations. That is, antitrust prosecutors may be unjustified in their concerns about the difficulties o...
متن کاملFactors Influencing the Magnitude of Cartel Overcharges: an Empirical Analysis of Food Industry Cartels
Using the overcharge estimates for 395 cartel episodes, we evaluate econometrically the impact of different cartels characteristics on the size of overcharges imposed by cartels on different geographic markets and during different antitrust law regimes starting from the 18 century. We analyze the overcharges imposed by food industry cartels relative to those imposed by other industry cartels. T...
متن کاملThe Effects of Cartel Damage Compensations
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, expected cartel profits can increase. Claims of downstream firms against upstream cartelists who do not mon...
متن کاملThe Impact of the Corporate Leniency Program on Cartel Formation and the Cartel Price Path∗
Previous research exploring the effect of corporate leniency programs has modelled the oligopoly stage game as a Prisoners’ Dilemma. Using numerical analysis, we consider the Bertrand price game and allow the probability of detection and penalties to be sensitive to firms’ prices. Consistent with earlier results, a maximal leniency program necessarily makes collusion more difficult. However, we...
متن کاملWhat Determines Cartel Success?
Although difficult at times to uncover, cartels are far from rare. Nussbaum estimates that international cartels controlled approximately 40% of world trade between 1929 and 1937 (1986, p. 134). As a result of the increased prosecution of international cartels during the 1990s, we have a new set of cartels that are ripe for study. While it is generally agreed that cartels are not as pervasive i...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2011
ISSN: 1556-5068
DOI: 10.2139/ssrn.1919000