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Topic 9: Cartels and coordinated Effects

A ntitrust Economics 2013. David S. Evans University of Chicago, Global Economics Group. Elisa Mariscal CIDE, Global Economics Group. Topic 9: Cartels and coordinated Effects. Topic 9 | Part 2 5 September 2013. Date. Your CPI teaching team. Overview.

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Topic 9: Cartels and coordinated Effects

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  1. Antitrust Economics 2013 David S. Evans University of Chicago, Global Economics Group Elisa Mariscal CIDE, Global Economics Group Topic 9: Cartels and coordinated Effects Topic 9 | Part 2 5 September 2013 Date

  2. Your CPI teaching team

  3. Overview

  4. Explicit Collusion: Detecting Cartels

  5. Explicit vs. Tacit Collusion

  6. Caught in the Act

  7. Detection of Explicit Collusion In Practice

  8. What Can Competition Authorities Do?

  9. Head Them Off At The Pass: Facilitating Practices

  10. Information Exchange Agreements Help Collusion

  11. Information Exchange Agreements: Cons

  12. Information Exchange Agreements: Pros

  13. Hunt Them Down: Detecting Cartels

  14. Structural Approaches

  15. Behavioral Methods

  16. Discouraging Cartels: Leniency Programs

  17. Leniency Programs

  18. The Economics of Leniency Programs

  19. A Model for Using Leniency in the Post-Cartel Environment Sotheby’s Christie’s

  20. A Model for Using Leniency in the Post-Cartel Environment Sotheby’s Christie’s

  21. Punishment and Damages

  22. Simple Theory of Cartel Fines

  23. Fine Questions and Puzzles

  24. Punishment: the Fine Arts Auction Houses Case

  25. Customer Damages: Purpose

  26. The Economics of Damages

  27. Customer Damages

  28. Cartels vs. Cooperation

  29. Firms Often Cooperate For Pro-Competitive Reasons

  30. Efficiencies from Cooperation

  31. Key Economic Issues for Cooperation

  32. Music Collecting Societies

  33. Guest Speaker: Rosa M. Abrantes Metz Collusion, Screening and LIBOR

  34. End of Topic 9, Next Class Topic 10

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