Cartels are illegal in India, as they are almost everywhere. They are subject to heavy fines. Why, then, do businesses frequently try to fix prices? Because doing so usually is profitable. On average cartels raise prices by more than 20%, and probably face less than a 25% chance of being caught and convicted. Based upon a sample of 75 international cartels, the authors calculate that the expected profits from price fixing almost always exceed the penalties. No wonder businesses often try to fix prices
Price-fixing is characterized when firms are concerned about creating suspicions that a cartel has f...
This paper analyzes all Section 1, Sherman Act price fixing cases brought by the U.S. Department of ...
To deter and punish illegal collusions antitrust authorities run costly investigations and levy fine...
Cartels are illegal in India, as they are almost everywhere. They are subject to heavy fines. Why, t...
This paper surveys hundreds of published social-science studies of private, hard-core cartels that c...
This Article examines whether the current penalties in the United States Sentencing Guidelines are s...
This Article examines whether the current penalties in the United States Sentencing Guidelines are s...
This article seeks to answer a fundamental antitrust question: does crime pay? Do the current overa...
This article is the first to analyze whether cartel sanctions are optimal. The conventional wisdom i...
The most significant violation of antitrust law in industrial economics is cartel formation. A price...
The purpose of this article is to analyze the minimum fines needed in order to prevent price fixing ...
Although price-fixing agreements remain per se illegal in the United States, courts have undermined ...
The dynamic behavior of a price-fixing cartel is explored when it is concerned about creating suspic...
This report explains the principal economic and legal features of a unique set of data on 283 modern...
Criminal price fixing cartels are a serious problem for consumers. Cartels are hard both to find and...
Price-fixing is characterized when firms are concerned about creating suspicions that a cartel has f...
This paper analyzes all Section 1, Sherman Act price fixing cases brought by the U.S. Department of ...
To deter and punish illegal collusions antitrust authorities run costly investigations and levy fine...
Cartels are illegal in India, as they are almost everywhere. They are subject to heavy fines. Why, t...
This paper surveys hundreds of published social-science studies of private, hard-core cartels that c...
This Article examines whether the current penalties in the United States Sentencing Guidelines are s...
This Article examines whether the current penalties in the United States Sentencing Guidelines are s...
This article seeks to answer a fundamental antitrust question: does crime pay? Do the current overa...
This article is the first to analyze whether cartel sanctions are optimal. The conventional wisdom i...
The most significant violation of antitrust law in industrial economics is cartel formation. A price...
The purpose of this article is to analyze the minimum fines needed in order to prevent price fixing ...
Although price-fixing agreements remain per se illegal in the United States, courts have undermined ...
The dynamic behavior of a price-fixing cartel is explored when it is concerned about creating suspic...
This report explains the principal economic and legal features of a unique set of data on 283 modern...
Criminal price fixing cartels are a serious problem for consumers. Cartels are hard both to find and...
Price-fixing is characterized when firms are concerned about creating suspicions that a cartel has f...
This paper analyzes all Section 1, Sherman Act price fixing cases brought by the U.S. Department of ...
To deter and punish illegal collusions antitrust authorities run costly investigations and levy fine...