Theory of Collusion and Competition Policy
A review of the theoretical research on unlawful collusion, focusing on the impact and optimal design of competition law and enforcement.
Collusion occurs when firms in a market coordinate their behavior for the purpose of producing a supracompetitive outcome. The literature on the theory of collusion is deep and broad but most of that work does not take account of the possible illegality of collus...
A review of the theoretical research on unlawful collusion, focusing on the impact and optimal design of competition law and enforcement.
Collusion occurs when firms in a market coordinate their behavior for the purpose of producing a supracompetitive outcome. The literature on the theory of collusion is deep and broad but most of that work does not take account of the possible illegality of collus...
