Regulating Collusion

Sylvain Chassang, Juan Ortner

Research output: Contribution to journalReview articlepeer-review

3 Scopus citations

Abstract

We attempt to provide a systemic view of the process of regulating collusion, including detection and prosecution as well as bargaining between firms and regulators via consent orders, the production of evidence, and containment measures that may be taken if collusion cannot be addressed with more direct means. In addition, we try to do justice to the peculiarities of the legal system: Modeling the courts as they are, rather than as economists think they should be, is essential for economic analysis to improve the way collusion is regulated.

Original languageEnglish (US)
Pages (from-to)177-204
Number of pages28
JournalAnnual Review of Economics
Volume15
DOIs
StatePublished - Sep 13 2023

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

Keywords

  • Twombly
  • artificial intelligence
  • burden of proof
  • collusion
  • consent orders
  • regulation
  • safe tests

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