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1 Ιαν 2007 · This paper sets out the basic economics of cartel formation and stability, the methods of estimating overcharges and "but for" prices, and concludes with a brief discussion of multiple damages.
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Abstract: This paper sets out the basic economics of cartel formation and stability, methods of estimating overcharges and but for prices, and concludes with a brief discussion of multiple damage claims for price-fixing.
This chapter provides a selective review of economic theory and experimental evidence on cartels and collusion. In particular, it highlights the role of incentives in collusion and cartel formation and identifies conditions that are conducive to collusive behavior.
March 27, 2006. Abstract. This paper distills and organizes facts about cartels from about 20 European Commission decisions over 1999-2004. It describes the properties of a collusive outcome, monitoring and punishment methods for enforcing it, the frequency of meetings, the organizational structure of cartels, and what preceded cartel formation.
cartels provided participating firms a range of market-ordering options that antitrust has since foreclosed. Economic analysis works with a stark dichotomy of markets (cartels as distortions) or hierarchies (cartels as incomplete, inefficient internalization). This conceptual straitjacket leads to
8 Ιουν 2021 · This paper contains a theoretical analysis cartel formation by buyers in thin markets where with a small number of buyers and sellers. Limiting the impact of buyer cartels depends critically on whether such a cartel can create barriers to entry to exclude non-cartel members from the trading process.
According to various sources, since 1880 or 1888, hundreds of economists, historians, lawyers, and prosecutors have laboured to crystallise the concept of cartels, define the causes of cartel formation, generalise the mechanism of cartel functioning, assess their...
