The book describes and analyzes the formation, operation, and impacts of modern global cartels. It provides a broad picture of the economics, competition law and history of international price fixing. A deeper understanding of the phenomenon is afforded by intensive case studies of collusion in the markets forlysine, citric acid, and vitamins. Particular attention is given to the economic injuries sustained by the cartels' customers. The author assesses whether antitrust enforcement by the European Union, the United States, and other countries is capable of deterring cartels in the foreseeable future. Contains a wealth of empirical information on recent international cartels and cartel prosecutions Relates the histories of cartels to economic and legal principles Assesses the effectiveness of anticartel enforcement and adequacy of current antitrust sanctions to deter cartel recidivism INDICE: Introduction.- The Economics of Price Fixing.- Anticartel Laws andEnforcement.- The Citric Acid Industry.- Economic Impacts of the Citric Acid Cartel.- The World Lysine Industry.- The Lysine Conspiracy.- Economic Effects of the Lysine Cartel.- The Global Vitamins Industries.- The Vitamins Conspiracies.- Effects of the Vitamins Cartels.- U.S. Government Prosecutions.- Antitrust Prosecutions by Foreign Governments.- The Civil Suits.- The Business of Fighting Cartels.- Global Price Fixing: Summing Up.
- ISBN: 978-3-540-78669-6
- Editorial: Springer
- Encuadernacion: Rústica
- Páginas: 503
- Fecha Publicación: 01/04/2008
- Nº Volúmenes: 1
- Idioma: Inglés