Comments on Switgard Feuerstein's “Collusion in Industrial Economics—A Survey”
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
Volume (Year): 5 (2005)
Issue (Month): 3 (December)
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- Paul Klemperer, 2004.
"Auctions: Theory and Practice,"
2004-W09, Economics Group, Nuffield College, University of Oxford.
- John M. Connor, 2004.
"Global Antitrust Prosecutions of Modern International Cartels,"
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- John M. Connor, 2004. "Global Antitrust Prosecutions Of Modern International Cartels," Working Papers 04-15, Purdue University, College of Agriculture, Department of Agricultural Economics.
- 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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