IDEAS home Printed from https://ideas.repec.org/a/taf/ijecbs/v24y2017i2p233-250.html
   My bibliography  Save this article

The Empirical Basis for Antitrust: Cartels, Mergers, and Remedies

Author

Listed:
  • James Langenfeld

Abstract

There have been a number of studies attempting to quantify the impact of cartels and mergers on prices. The state of the art of empirical analysis related to antitrust is best illustrated by the research of John Connor and John Kwoka. Connor summarizes the existing empirical research that estimates the magnitude of the impact of cartels on prices. He estimates that cartels increase prices by >20% on average, and concludes that fines and damage awards do not sufficiently deter cartels and should be larger. Kwoka summarizes research estimating the impact of mergers on prices and other market outcomes, and recommends tighter merger regulation. Since the works of both have been used to support more aggressive antitrust enforcement, it is important to understand the basis for their research and how it is best weighed. This article critiques their substantial efforts to add more empirical content as the basis for antitrust policies.

Suggested Citation

  • James Langenfeld, 2017. "The Empirical Basis for Antitrust: Cartels, Mergers, and Remedies," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 24(2), pages 233-250, May.
    • Handle: RePEc:taf:ijecbs:v:24:y:2017:i:2:p:233-250
    DOI: 10.1080/13571516.2017.1279376
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13571516.2017.1279376
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13571516.2017.1279376?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:ijecbs:v:24:y:2017:i:2:p:233-250. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CIJB20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.