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Research Handbook on Cartels

2023-03-02 Law
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Release : 2023-03-02
Genre : Law
Kind : eBook
Book Rating : 87X/5 ( reviews)

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Book Synopsis Research Handbook on Cartels by : Peter Whelan

Download or read book Research Handbook on Cartels written by Peter Whelan. This book was released on 2023-03-02. Available in PDF, EPUB and Kindle. Book excerpt: Drawing together a variety of perspectives, this accessible yet comprehensive Research Handbook provides an in-depth analysis of the most significant issues pertaining to the legal regulation of cartels. An interdisciplinary team of respected experts explores the theoretical, legal, economic, political, and comparative discourse surrounding cartel regulation.

Handbook on Cartels and Collusion

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Kind : eBook
Book Rating : 027/5 ( reviews)

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Book Synopsis Handbook on Cartels and Collusion by : J. E. Harrington Jr.

Download or read book Handbook on Cartels and Collusion written by J. E. Harrington Jr.. This book was released on . Available in PDF, EPUB and Kindle. Book excerpt:

The Theory of Collusion and Competition Policy

2017-11-24 Business & Economics
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Release : 2017-11-24
Genre : Business & Economics
Kind : eBook
Book Rating : 002/5 ( reviews)

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Book Synopsis The Theory of Collusion and Competition Policy by : Joseph E. Harrington, Jr.

Download or read book The Theory of Collusion and Competition Policy written by Joseph E. Harrington, Jr.. This book was released on 2017-11-24. Available in PDF, EPUB and Kindle. Book excerpt: A review of the theoretical research on unlawful collusion, focusing on the impact and optimal design of competition law and enforcement. Collusion occurs when firms in a market coordinate their behavior for the purpose of producing a supracompetitive outcome. The literature on the theory of collusion is deep and broad but most of that work does not take account of the possible illegality of collusion. Recently, there has been a growing body of research that explicitly focuses on collusion that runs afoul of competition law and thereby makes firms potentially liable for penalties. This book, by an expert on the subject, reviews the theoretical research on unlawful collusion, with a focus on two issues: the impact of competition law and enforcement on whether, how long, and how much firms collude; and the optimal design of competition law and enforcement. The book begins by discussing general issues that arise when models of collusion take into account competition law and enforcement. It goes on to consider game-theoretic models that encompass the probability of detection and penalties incurred when convicted, and examines how these policy instruments affect the frequency of cartels, cartel duration, cartel participation, and collusive prices. The book then considers the design of competition law and enforcement, examining such topics as the formula for penalties and leniency programs. The book concludes with suggested future lines of inquiry into illegal collusion.

Cartel Criminality

2016-04-08 Social Science
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Release : 2016-04-08
Genre : Social Science
Kind : eBook
Book Rating : 62X/5 ( reviews)

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Book Synopsis Cartel Criminality by : Christopher Harding

Download or read book Cartel Criminality written by Christopher Harding. This book was released on 2016-04-08. Available in PDF, EPUB and Kindle. Book excerpt: Anti-competitive business cartels, engaging in practices such as price fixing, market sharing, bid rigging and restrictions on output, are now subject to strong official censure and rigorous legal control in a large number of jurisdictions across the world. The longstanding condemnation under the US Sherman Act of 1890 has been taken up (although in a rather different form) during the last thirty years in the EC/EU and in European national jurisdictions in particular, but also in a range of countries outside North America and Europe. Legal control has not only extended geographically but has intensified, as a number of jurisdictions have moved beyond administrative regulation and penalties to embrace enforcement through civil liability and (most significantly in terms of policy and rhetoric) the methods of criminal law. It is therefore timely to consider critically this development of legal control and assess its achievement to date and its future prospects. But such an exercise requires an understanding of the reasons and need for such regulation, based on a clear appreciation of the nature and extent of the economic and social malaise which is its subject. What, more exactly, are such business cartels, why do they come into existence and persist, why are they regarded as being so bad, and what are the objectives within this increasingly complex and multi-level phenomenon of legal control? By seeking to answer such fundamental questions, this book sets a research agenda for a pathology, aetiology and criminology of business cartels, and probes more accurately their nature, operation, endurance and perceived delinquency.

Cartels and Economic Collusion

2011-01-01 Business & Economics
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Release : 2011-01-01
Genre : Business & Economics
Kind : eBook
Book Rating : 71X/5 ( reviews)

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Book Synopsis Cartels and Economic Collusion by : Michael A. Utton

Download or read book Cartels and Economic Collusion written by Michael A. Utton. This book was released on 2011-01-01. Available in PDF, EPUB and Kindle. Book excerpt: Adam Smith warned of the prevalence of corporate conspiracies more than two hundred years ago. Since then, interest in cartels has sometimes intensified (during the Great Depression, for example) and sometimes diminished, but the need for control has always remained on the antitrust agenda. This well-documented book reviews the economic case against corporate collusion, as well as the arguments made for a more permissive attitude. A survey of recent empirical research reveals not only the prevalence of a wide range of international cartels but also the size of the inefficiencies and costs that they impose on customers and consumers. The antitrust reaction has therefore intensified with greatly increased fines being imposed by the US, the EU and other authorities. At the same time, they have developed sophisticated leniency polices with the aim of destabilizing the illegal conspiracies. After reviewing these measures, the author concludes with the hope that this toughened approach is not modified or reversed during periods of recession.

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