Antitrust authorities have pursued cartels with steadily increasing vigor over the last three decades. Guided in significant part by economics and game theory, authorities have both ratcheted up fines to discourage forming cartels and implemented leniency programs to encourage cartel members to rat on their partners in crime. Yet, despite massive fines and hefty civil damages in some jurisdictions such as the United States, business people still conspire against the public to raise prices. Even tossing the occasional price-fixer in jail has not dissuaded executives from entering into agreements with their rivals over prices. Of course, even an efficient criminal justice system does not eliminate all wrongdoing. Nevertheless, there is a widespread perception that antitrust is not doing enough to discourage price-fixing.
Links to Full Content
Featured News
College Sports Leaders in Intensive Talks to Settle NIL Antitrust Case Against NCAA
Apr 30, 2024 by
CPI
EU Investigates Facebook’s and Instagram’s Handling of Disinformation Ahead of Elections
Apr 30, 2024 by
CPI
Antitrust Lawsuit Targets Hotel Giants for Alleged Price Fixing with AI
Apr 30, 2024 by
CPI
ABA Seeks to Join FTC Lawsuit Against Amazon Over Antitrust Concerns
Apr 30, 2024 by
CPI
Google Agrees to Pay News Corp for AI-Related Content
Apr 30, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI