Global Price Fixing

Global Price Fixing PDF

Author: John M. Connor

Publisher: Springer Science & Business Media

Published: 2013-12-01

Total Pages: 611

ISBN-13: 1461302935

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Some books get written, others write themselves. This book is the latter type. I have devoted myselfto studying the economic organization of industries related to food and agriculture for almost twenty-five years. It has been my good fortune to work at places that tolerated my gadfly approach to research. So long as I produced a few publications each year and wooed a few graduate students to share those interests, I was free to pursue an array of topics: why firms diversifY, the competitive role of advertising, strategies for selling in overseas markets, measuring market power, and many others. Although firmly anchored in the eclectic analytical framework of industrial economics and focused on the food system, I traversed a wide field at will. Some years ago, I had pretty much convinced myself that naked price fixing was not a high priority for scholarship in these industries. True, collusion was rife in a few food 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.

Global Price Fixing

Global Price Fixing PDF

Author: John M. Connor

Publisher: Springer Science & Business Media

Published: 2007-01-19

Total Pages: 532

ISBN-13: 9783540342175

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This book describes and analyzes the formation, operation, and impacts of modern global cartels. It provides a broad picture of the economics, competition law and history of international price fixing. Intensive case studies of collusion in the markets for lysine, citric acid, and vitamins offer a deep, detailed understanding of the phenomenon. The author assesses whether antitrust enforcement by the European Union, the United States, and other countries can deter cartels.

The Informant

The Informant PDF

Author: Kurt Eichenwald

Publisher: Portobello Books

Published: 2012-02-09

Total Pages: 547

ISBN-13: 1846274648

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The Informant is Mark Whitacre, a senior executive with America's most powerful food giant, who put his career and his family's safety at risk to become a confidential government witness. Using Whitacre's secret recordings and a team of agents, the FBI uncovered the corporation's scheme to steal millions of dollars from its own customers. But as the FBI closed in on their target, they suddenly realized that Whitacre wasn't quite playing the game they'd thought ... This is the gripping account of how a corporate golden boy became an FBI mole and went on to double-cross both the authorities and his employers in one of the most extraordinary cases of global corporate corruption of the last thirty years.

Handbook of Innovation in the Food and Drink Industry

Handbook of Innovation in the Food and Drink Industry PDF

Author: Ruth Rama

Publisher: CRC Press

Published: 2008-03-26

Total Pages: 440

ISBN-13: 1482277832

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Filled with extensive reviews, The Handbook of Innovation in the Food and Drink Industry goes beyond the traditional perspectives to explore neglected aspects of technological change in this industry. Leading international specialists discuss economic and managerial aspects of innovation, technological change, new product introduction, and research and development. They examine food quality and society, dynamic innovations, the role of biotechnology, and future challenges in the industry in detail. Providing a well-rounded view the entire industry and where it is heading, the book includes study cases, analyses of large databases and other tools, economic analyses, and crucial survey results.

Cartelization, Antitrust and Globalization in the US and Europe

Cartelization, Antitrust and Globalization in the US and Europe PDF

Author: Mark S. LeClair

Publisher: Taylor & Francis

Published: 2012-07-26

Total Pages: 197

ISBN-13: 1136940774

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The uncovering of a great number of cartels in the industrialised world has left an unfortunate, yet significant, mark on global economic developments in recent years. Globalization has forced firms into more direct competition; the result has been global price-fixing. This situation has greatly challenged antitrust authorities. Taking a broad yet detailed approach, this work sets a practical explanation of the history of cartels and antitrust law in a sound theoretical framework, as well as providing suggestions as to how potential reforms of antitrust laws could improve the situation going forward. The book includes a comprehensive analysis of the motivations behind and perceived necessity for organisations to enter into cartels, and the success or otherwise of legislatures’ attempts to both uncover and prevent such cartels from taking place. A total of 24 price-fixing conspiracies uncovered in the US and Europe are examined as part of the analysis to demonstrate the globalization of collusion.

Cases in European Competition Policy

Cases in European Competition Policy PDF

Author: Bruce Lyons

Publisher: Cambridge University Press

Published: 2009-08-27

Total Pages: 513

ISBN-13: 1139481061

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Competition between firms is usually the most effective way of delivering economic efficiency and what consumers want. However, there is a balance to be struck. Firms must not be over-regulated and so hampered in their development of innovative products and new strategies to compete for customers. Nor must they be completely free to satisfy a natural preference for monopoly, which would give them higher profits and a quieter life. The economic role of competition policy (control of anticompetitive agreements, mergers and abusive practices) is to maintain this balance, and an effective policy requires a nuanced understanding of the economics of industrial organization. Cases in European Competition Policy demonstrates how economics is used (and sometimes abused) in competition cases in practical competition policy across Europe. Each chapter summarizes a real case investigated by the European Commission or a national authority, and provides a critique of key aspects of the economic analysis.

Competition Law Enforcement in the BRICS and in Developing Countries

Competition Law Enforcement in the BRICS and in Developing Countries PDF

Author: Frederic Jenny

Publisher: Springer

Published: 2016-06-13

Total Pages: 363

ISBN-13: 331930948X

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This contributed volume focuses on competition policy enforcement in BRICS and developing counties. It examines the role and application of economic analysis and evidence in law enforcement procedures, as well as their influence on competition authorities’ policy-making. The contributors also address topics such as recent developments in competition law and practice, institutional design, indicators of performance in enforcement, the incorporation of public interest concerns in Competition Authority objectives, procedural fairness, procurement procedures and compulsory licensing.