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ECONOMETRIC EVIDENCE TO TARGET TACIT COLLUSION IN OLIGOPOLISTIC MARKETS

Patrick Andreoli-Versbach and Jens-Uwe Franck.

in Journal of Competition Law & Economics

June 2015; p ublished online May 2015 .

Journal Article. Subjects: Law and Economics; Primary Products; Antitrust Issues and Policies; Market Structure, Firm Strategy, and Market Performance. 14333 words.

Tacit collusion may reduce welfare comparably to explicit collusion, but it remains mostly unaddressed by antitrust enforcement that greatly depends on evidence of explicit communication....