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cartel formation

Cartel Formation with Quality Differentiation

Cartel Formation with Quality Differentiation

... industry-wide cartel or costs are assumed to be independent of quality or ...All cartel sizes may emerge in equilibrium when exclusively considering individual deviations, but the industry-wide ...

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Sequential play and cartel stability in a Cournot oligopoly

Sequential play and cartel stability in a Cournot oligopoly

... table cartel under Cournot oligopoly, has been recently shown to play an important role also in endogenous cartel formation games (see Bloch, 1997 and Yi, 1997 for ...coalition formation, for ...

6

Partial Cartels and Mergers with Heterogeneous Firms: Experimental Evidence

Partial Cartels and Mergers with Heterogeneous Firms: Experimental Evidence

... endogenous cartel formation, as B&H or the one developed in this study, predict less stable cartels after the merger imposed in the experiment, making collusion less ...

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A party cartel? The effect of party funding availability on new party entry

A party cartel? The effect of party funding availability on new party entry

... Van Biezen and Rashkova (2014) look at the impact of the increase of party regulation in a number of areas on the number of new party entries. They do find an effect: as regulation in general, with party funding ...

23

Anna Fornalczyk, Economic Approach to Counteracting Cartels

Anna Fornalczyk, Economic Approach to Counteracting Cartels

... of cartel facilitating factors is considered to be the purpose of the relevant market analysis which requires the economic approach to determine: actual and potential competition (market barriers), price ...

16

A Note on Stable Cartels

A Note on Stable Cartels

... a cartel agreement should be endogenously determined, rather than exogenously ...coalition formation setting, some studies (Carraro et ...of cartel formation models in some specific ...

6

The Effects of the Environment and Corporate Governance on Illegal Cartel Activity

The Effects of the Environment and Corporate Governance on Illegal Cartel Activity

... From a data perspective, it should be recognized that since the data are gathered from over 40 years of cartel activity, there have been a number of environmental factors that have not been accommodated by this ...

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Cartel Sentencing in Ireland: Criminal Standards of Proof, But Civil Sanctions

Cartel Sentencing in Ireland: Criminal Standards of Proof, But Civil Sanctions

... bid-rigging cartel from an economic and legal ...bid-rigging cartel is somehow of lesser importance than a cartel characterized by price fixing as in the CDA cartel case flies in the face of ...

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The US and Ireland Approach to Sentencing in Cartel Cases: the Citroen Case

The US and Ireland Approach to Sentencing in Cartel Cases: the Citroen Case

... Citroen cartel members that were convicted of breaching competition law in Leinster accounted for all Citroen motor vehicle sales in that geographic ...the cartel member that became an immunity witness is ...

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An OPEC in Fantasyland?  The NAB Television Code as Cartel (revised)

An OPEC in Fantasyland? The NAB Television Code as Cartel (revised)

... television code did not successfully increase member station profits through restrictions on the output of commercial exposures, 2 since stations chose to become members, code membership[r] ...

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Cartels as Two-Stage Mechanisms: Implications for the Analysis of Dominant-Firm Conduct

Cartels as Two-Stage Mechanisms: Implications for the Analysis of Dominant-Firm Conduct

... past the narrow issue of the suppression of interfirm rivalry in cartel investigations, expanding the scope of their investigations to monopolization conducts of all [r] ...

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Sentencing in Criminal Cartel Cases in Ireland: the Duffy Judgment

Sentencing in Criminal Cartel Cases in Ireland: the Duffy Judgment

... were 0.5 and 0.66, respectively, the fine, F, would need to be €30 million. However, if these probabilities are much lower, the appropriate fine is correspondingly higher and it is in this context that there may be ...

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What next? Cartel strategy after getting caught

What next? Cartel strategy after getting caught

... However, if firms engage in collusion in multiple products, additional equilibria exist in which a leniency program is less effective. As shown in Choi and Gerlach (2012a, Propositions 2 and 5), equilibria exist in which ...

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Measuring the effectiveness of anti cartel interventions : a conceptual framework

Measuring the effectiveness of anti cartel interventions : a conceptual framework

... Ormosi (2010), review a range of methodological approaches to evaluating competition policy. Studies using particular approaches to evaluate specific aspects of competition policy are set out in Chang and Harrington ...

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Antitrust penalties and the implications of empirical evidence on cartel overcharges

Antitrust penalties and the implications of empirical evidence on cartel overcharges

... A significant recent challenge to these conclusions has been made by Allain et al. (2011), who question two key elements in the Connor and Lande calculations. The first is the estimate of the average cartel ...

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Sentencing in Ireland's First Bid Rigging Cartel Case: An Appraisal

Sentencing in Ireland's First Bid Rigging Cartel Case: An Appraisal

... Acknowledgments: The paper has benefited from comments and suggestions by Sean Lyons, Francis O’Toole and particularly David McFadden. The Central Criminal Court made available the transcripts of the sentencing hearing ...

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Cartel organization, price discrimination, and selection of transatlantic migrants:1899–1911

Cartel organization, price discrimination, and selection of transatlantic migrants:1899–1911

... In January 1911 the United States brought suit against the firms that were signatories to Agreement AA. The prosecution argued that the combination was an illegal restraint of trade under the Sherman Act (Brief for the ...

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Cartel Detection and Collusion Screening: An Empirical Analysis of the London Metal Exchange

Cartel Detection and Collusion Screening: An Empirical Analysis of the London Metal Exchange

... Libor cartel, it was enough to find departures similar to those we found in the empirical second digit distribution of the LME aluminium price to raise alert about possible rigged ...

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Topic I: Classification of public vessels

Topic I: Classification of public vessels

... Thus the exemption as to public vessels would be confined, except under special arrangen1ent, to hospital and cartel ships, and to vessels engaged exelusively in scien[r] ...

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Optimal Collusion Proof Auctions

Optimal Collusion Proof Auctions

... that cartel members will often find it difficult to punish a defector more severely than bidding ...the cartel members’ out-of-equilibrium beliefs or their ability to punish a defector: an auction rule is ...

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