作者:Choi, Jay Pil; Gerlach, Heiko
作者单位:University of Queensland; University of New South Wales Sydney; Michigan State University
摘要:This article analyzes cartel formation and international antitrust enforcement when multinational firms operate in several jurisdictions with local antitrust authorities. We are concerned with how the sustainability of collusion in one local market is affected by the existence of collusion in other markets when they are linked by a negative demand relationship. The interdependence of cartel stability across markets leads to potential externalities in antitrust enforcement across jurisdictions....