An anatomy of cartel contracts

Tutkimustuotos: Lehtiartikkelivertaisarvioitu

Tutkijat

Organisaatiot

  • NHH Bergen
  • Hanken School of Economics
  • KU Leuven

Kuvaus

We study the contracts of 898 legal Finnish cartels. Cartels that exclusively allocate markets, either geographically or in the product/production space, are dominant in manufacturing. They
are often bilateral and include a vertical dimension. Structural industry characteristics predict the type of a cartel; e.g., consistent with theory, quota cartels are more common in manufacturing and when buyers are primarily industrial. The contracts of quota cartels include more (governance)
clauses. Pure pricing cartels are the dominant cartel type in non-manufacturing and are more common when demand is primarily from retail buyers. Pricing cartels are larger than other types of cartels.

Yksityiskohdat

AlkuperäiskieliEnglanti
Sivut2155-2191
JulkaisuECONOMIC JOURNAL
Vuosikerta129
Numero621
Varhainen verkossa julkaisun päivämäärä2018
TilaJulkaistu - heinäkuuta 2019
OKM-julkaisutyyppiA1 Julkaistu artikkeli, soviteltu

ID: 27373423