Cartels and Bidding Rings
by
Robert C. Marshall, Leslie M. Marx
Language: English
Release Date: April 27, 2012
An examination of collusive behavior: what it is, why it is profitable, how it is implemented, and how it might be detected.
Explicit collusion is an agreement among competitors to suppress rivalry that relies on interfirm communication and/or transfers. Rivalry between competitors erodes profits;...