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An Empirical Survey Of Price Fixing Conspiracies, George A. Hay, Daniel Kelley
An Empirical Survey Of Price Fixing Conspiracies, George A. Hay, Daniel Kelley
Cornell Law Faculty Publications
This paper reports on a study of recent Antitrust Division horizontal price fixing cases. The objective of the study was to determine if there has been a specific set of characteristics associated with the product or product markets that have been the subjects of price fixing. If such a pattern exists, it might provide empirical insight into some aspects of oligopoly behavior. From a policy point of view, any pattern that is found could be used in a positive enforcement program designed to investigate the "most likely" areas of price fixing. Section I reviews the academic literature which has dealt …