Book Review Theory Meets Practice: A Deeper Understanding of Collusion
Book Review Theory Meets Practice: A Deeper Understanding of Collusion
复制标题
书评理论与实践:对共谋的更深入理解
DOI:
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发表时间:
2010
期刊:
影响因子:
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通讯作者:
L. Marx
中科院分区:
文献类型:
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作者:
R. Marshall;L. Marx
No trend in modern antitrust law is more striking than the global acceptance of a norm that condemns cartels as the market’s most dangerous competitive vice. As the 1990s began, only the United States and a few other jurisdictions actively challenged horizontal price fixing, bid rigging, and market allocations. By the decade’s end, lysine, leniency, and vitamins had changed all of that. Today, more and more antitrust systems treat cartels as serious offenses, and many single out cartels as the preeminent focus of enforcement.1 Expanded prosecution of cartels with increasingly powerful sanctions has inspired an abundance of excellent books about collusion. Superb volumes from recent years include collections of essays on the operation, detection, and punishment of cartels.2 With The Economics of Collusion, Robert Marshall and Leslie Marx have surpassed a formidable field.3 Economics of Collusion is the best single volume yet written about the formation and operation of cartels and bidding rings. As described below, five features of the book stand out.