Advantageous semi-collusion

Article Abstract:

The production cartel can either benefit or hurt companies and consumers. Members of cartels and consumers benefit during moderate to large spillovers and when products are relatively good substitutes. However, cartels harm companies and consumers when spillovers are small and when products are moderately substitutable. Antitrust policies are most effective in the setting when authorities have information concerning the extent of spillovers and the level of product differentiation.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Antitrust Law, Economic aspects, Cartels

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Using reserve prices to deter collusion in procurement competition

Article Abstract:

A study that signifies the importance of reserve prices for understanding collusive schemes is coducted in procurement settings.

United States, Evaluation, Pricing policies

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