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How Cartels Endure and how They Fail

2004-01-01 Business & Economics
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Release : 2004-01-01
Genre : Business & Economics
Kind : eBook
Book Rating : 373/5 ( reviews)

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Book Synopsis How Cartels Endure and how They Fail by : Peter Z. Grossman

Download or read book How Cartels Endure and how They Fail written by Peter Z. Grossman. This book was released on 2004-01-01. Available in PDF, EPUB and Kindle. Book excerpt: Why do some cartels fail and others succeed? This question has intrigued economists for a hundred years, and they have created an extensive body of theory to help explain cartel behaviour. This book looks at the experience of actual cartels and challenges their portrayal as found in the existing literature. The eleven chapters by leading researchers of industrial organization study real examples of industrial collusion. The authors investigate the formation, behaviour, activity and purpose of cartels, and illustrate the intricacies of collusive relationships. In the process they question the existing economic theory surrounding the operation of cartels, which in practice do not always adhere to the textbook models or to complex game theoretic rules. Although much economic research suggests that cartels are doomed to failure, the authors find that there are many examples of industries where cartels have succeeded in controlling prices and output over a prolonged period of time. The book is a groundbreaking attempt to study empirically a range of cartels throughout the world, providing both historical and contemporary examples of collusion to enrich the arguments. This book is written for academics, policymakers, lawyers and economists working in the fields of industrial organization and competition policy.

The Impact of Cartels on National Economy and Competitiveness

2015-06-09 Business & Economics
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Release : 2015-06-09
Genre : Business & Economics
Kind : eBook
Book Rating : 875/5 ( reviews)

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Book Synopsis The Impact of Cartels on National Economy and Competitiveness by : Jurgita Bruneckienė

Download or read book The Impact of Cartels on National Economy and Competitiveness written by Jurgita Bruneckienė. This book was released on 2015-06-09. Available in PDF, EPUB and Kindle. Book excerpt: The book presents theoretical and empirical research on the integrated assessment of cartels’ effects on national economies. The empirical analysis is based on three cases in Lithuania, a country chosen because it corresponds to the features of a small economy with a developing culture of competition. An integrated assessment of a cartel’s impact by measuring the net economic effect created by its operations on the market is extremely important at the scale of national economies. If a cartel’s true impact is not identified and evaluated, it is impossible to make important strategic decisions, for the whole economy instead of individual affected parties and to establish an optimum baseline for mitigating the harm done to the economy. Thus, an integrated cartel impact assessment can help to more proactively combat cartel agreements on the market and improve the economic welfare of the respective country.

The Political Economy of International Commodity Cartels

2020-12-29 Business & Economics
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Release : 2020-12-29
Genre : Business & Economics
Kind : eBook
Book Rating : 525/5 ( reviews)

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Book Synopsis The Political Economy of International Commodity Cartels by : Elina Kuorelahti

Download or read book The Political Economy of International Commodity Cartels written by Elina Kuorelahti. This book was released on 2020-12-29. Available in PDF, EPUB and Kindle. Book excerpt: The Political Economy of International Commodity Cartels examines how international commodity cartels in the 1930s were impacted not only by commercial rivalry, but also by international trade political and diplomatic concerns. This work presents the rise and decline of the European Timber Exporters’ Convention (ETEC) and analyses how firms navigated through the cartel game under increasing international competition, pressures from the national governments, and the interventionist endeavours of the League of Nations. Cartels are often associated with, in the standard economic interpretation, business collusion. However, in using vast archive sources and historical methodology, the chapters in this book shed light onto how international relations shaped cartels. The rise of British protectionism, the emergence of the Soviet Union as an industrial power, and the economic rapprochement of the League of Nations in the early 1930s created a wave of political and diplomatic challenges in the timber trading countries and affected cartelisation. Timber firms in the biggest producer countries—Finland and Sweden—were uninterested in international cartel collaboration, but under pressure joined the ETEC nevertheless. This book makes a strong contribution to the fields of business history and cartel studies. It is an essential read for economic historians interested in how political pressure shaped international cartels and how cartels became avenues of diplomacy.

The Criminalization of European Cartel Enforcement

2014 Law
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Release : 2014
Genre : Law
Kind : eBook
Book Rating : 064/5 ( reviews)

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Book Synopsis The Criminalization of European Cartel Enforcement by : Peter Whelan

Download or read book The Criminalization of European Cartel Enforcement written by Peter Whelan. This book was released on 2014. Available in PDF, EPUB and Kindle. Book excerpt: The challenges facing the criminalization of cartel activity in the EU are threefold: theoretical, legal, and practical. This book analyses these crucial challenges so that the complexity of the process of European antitrust criminalization can be accurately understood.

Incomplete Kartels and Empty Trust Policy. Incidents and detection

2009
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Release : 2009
Genre :
Kind : eBook
Book Rating : 468/5 ( reviews)

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Book Synopsis Incomplete Kartels and Empty Trust Policy. Incidents and detection by :

Download or read book Incomplete Kartels and Empty Trust Policy. Incidents and detection written by . This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt:

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