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Comments on Switgard Feuerstein's “Collusion in Industrial Economics—A Survey”

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  • K. Mehta

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    Abstract

    These comments elaborate on the policy implications of theoretical models and compare them with competition law and practice. In regard to EU merger control it is discussed how case law has dealt with the creation of market structures that would maintain collusion. With respect to leniency programmes the deterrence and desistment incentives of actually implemented programmes are compared with theoretical results. Certain areas of research of particular relevance for enforcement are indicated in the conclusions. Copyright Springer Science + Business Media, Inc. 2005

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    File URL: http://hdl.handle.net/10.1007/s10842-005-4871-x
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    Bibliographic Info

    Article provided by Springer in its journal Journal of Industry, Competition and Trade.

    Volume (Year): 5 (2005)
    Issue (Month): 3 (December)
    Pages: 217-222

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    Handle: RePEc:kap:jincot:v:5:y:2005:i:3:p:217-222

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    Web page: http://springerlink.metapress.com/link.asp?id=105724

    Related research

    Keywords: parallel conduct; concerted practice; collective dominance; bidding markets; unilateral conduct; coordinated effects; divestment remedies; leniency/immunity programme; cartel coercer; market monitoring; collusion markers;

    References

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    1. John M. Connor, 2004. "Global Antitrust Prosecutions Of Modern International Cartels," Working Papers 04-15, Purdue University, College of Agriculture, Department of Agricultural Economics.
    2. Paul Klemperer, 2004. "Auctions: Theory and Practice," Economics Papers 2004-W09, Economics Group, Nuffield College, University of Oxford.
    3. Compte, Olivier & Jenny, Frederic & Rey, Patrick, 2002. "Capacity constraints, mergers and collusion," European Economic Review, Elsevier, vol. 46(1), pages 1-29, January.
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    Cited by:
    1. Switgard Feuerstein, 2005. "Collusion in Industrial Economics—A Rejoinder," Journal of Industry, Competition and Trade, Springer, vol. 5(3), pages 235-239, December.

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