Cartels Diagnosed
New Insights on Collusion
Joseph E Harrington Jr editor Maarten Pieter Schinkel editor
Format:Paperback
Publisher:Cambridge University Press
Publishing:2nd Jan '25
£29.99
This title is due to be published on 2nd January, and will be despatched as soon as possible.
This volume contains novel and insightful case studies of cartels written by renowned economists with intimate knowledge of the case.
Illustrates new and sophisticated properties of cartels in case studies that can support developing new collusive theories and practice. This book assists in understanding new cartel mechanisms and their effects, detecting cartels, distinguishing collusion from competition, and measuring harm.Collusion remains a strong undercurrent of business practice despite anti-cartel enforcement being a top priority of competition authorities. Alongside active prosecution of cartels, the study of cartels is a vibrant area of research for economic and legal scholars. A challenge for both practice and scholarship is that cartels evolve, as colluding firms continuously devise new methods to circumvent competition. Cartels Diagnosed presents twelve gripping cartel case studies of collusion from key business sectors such as the airline industry, the gasoline industry, and big pharma. Written by renowned economists, these concise and accessible case studies deliver novel insights into cartel formation, facilitating practices, cartels' modus operandi, and the efficacy of cartels. Assisting in understanding new cartel mechanisms and their effects, developing new policies to deter and destabilize cartels, and measuring harm, this volume on cartel morphology is an invaluable reference for supporting public and private enforcers in detecting and prosecuting cartels.
'Interesting case studies analysed by well-known experts provide insights into how collusion is formed and sustained; rich in detail and highly enjoyable; will be very useful for scholars and practitioners.' Massimo Motta, Universitat Pompeu Fabra and Barcelona School of Economics
'Many lament - not without reason - that antitrust agencies have been asleep at the wheel when it comes to merger review and abuses of dominant position (especially in the US). The same is not true, however, of anti-cartel policy. The ten case studies included in this volume provide an excellent testimony to the significant progress in this dimension of competition policy … Harrington and Schinkel have done the world a great service.' Luís Cabral, Paganelli–Bull Professor of Economics, NYU Stern School of Business
'A collection of fascinating case studies of cartels, many in Europe but in several other countries as well. All have been written by economists with detailed knowledge, lending great authenticity to their accounts. Each chapter provides unique insights into the diverse ways that cartels arise and behave, while collectively the chapters remind us that cartels are alive and doing all too well. This book is must-reading for students of cartels and policymakers alike.' John Kwoka, Neal F. Finnegan Distinguished Professor of Economics, Northeastern University
'A superb collection by leading scholars in the field. It sheds light on the diversity of cartel practices as well as on recurrent features; it moreover covers under-researched issues such as the formation of cartels or the return to collusion after episodes of price wars. An excellent source of knowledge for teachers, students and practitioners.' Patrick Rey, Professor of Economics, Toulouse School of Economics
ISBN: 9781009428453
Dimensions: unknown
Weight: unknown
396 pages