Global Price FixingSpringer Science & Business Media, 24 Mei 2007 - 504 halaman I have devoted myself to studying the economic organization of industries for thirty years. It has been my good fortune to work at places that tol- ated my gadfly approach to research. So long as I produced a few publi- tions each year and wooed a few graduate students to share those interests, I was free to sample a smorgasbord of economic delights: why firms div- sify, the competitive role of advertising, strategies for selling in overseas markets, measuring market power, and many others. Although firmly - chored in the eclectic analytical framework of industrial economics and focused on the food system, I traversed a wide field at will. A decade ago I had pretty much convinced myself that naked price fixing was not a high priority for scholarship. True, collusion was rife in a few industries, such as bid-rigging among suppliers of fluid milk to school districts in isolated rural districts. Ripping off milk money from school children is reprehensible enough, but the size of the economic losses from localized price fixing paled besides other sources of imperfect competition. Moreover, there were no great policy debates about the wisdom or me- ods of enforcing the price-fixing prohibitions in the Nation’s antitrust laws. |
Isi
| 3 | |
| 16 | |
Anticartel Laws and Enforcement | 53 |
The Citric Acid Industry | 113 |
The Cartel Is Unmasked | 151 |
Economic Impacts of the Citric Acid Cartel | 154 |
Price Effects Effects of Production Effects on International Trade The Customer Overcharge Conclusions | 156 |
The World Lysine Industry The Product and Its Use Technology of Production History of the Industry Market Size and Growth Structure of Supply ... | 167 |
Meeting Challenges to Collusion | 314 |
Effects of the Vitamins Cartels Duration | 323 |
Price Effects | 324 |
U S Government Prosecutions | 340 |
The Civil Suits | 393 |
The Business of Fighting Cartels | 414 |
Global Price Fixing Summing | 441 |
The Fate of Individual Conspirators | 464 |
Introduction Industry Origins Market Structure Companies Market Size and Growth Trade and Location of Production | 237 |
The Conspiracies Unravel 317 | 277 |
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Istilah dan frasa umum
actions ADM’s agreed agreement Ajinomoto America amount Andreas antitrust average BASF began behavior buyers Canada capacity cartel caused changes chemical Chinese citric acid civil collusion companies competition Connor conspiracy conspirators cooperation corporate costs countries courts criminal customers damages decision defendants demand Division early economic effects enforcement estimates Europe European evidence exports federal Figure fines firms five formed four global global cartels growth guilty higher important increase industry largest late later leading less levels lower lysine major managers manufacturers meeting million monopoly months North officers operated overcharge penalties period plaintiffs plant plea pound price fixing production profits prosecution prosecutors purchases raise reports result Roche sanctions sellers sentences settlements share sources suits supply Table tion trade United vitamins vitamins cartels volume Whitacre
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