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Title:Lectures on Antitrust Economics, Chapter 2: Price Fixing PDF Logo
Authors:Whinston, Michael D.
Issue Date:2003
Series/Report no.:CSIO working paper / Northwestern University, Center for the Study of Industrial Organization 0040
Abstract:In this chapter, we begin our discussion of antitrust economics by considering what many consider its most central element: its ban on "price fixing" - that is, agreements among competitors over the prices they will charge or the outputs they will produce. Indeed, the prohibition on price fixing is one area of antitrust law that even those generally skeptical of governmental compe- tition policy typically regard approvingly. Nevertheless, despite its current uncontroversial status, we shall see that some significant and challenging open questions remain in this area.
Document Type:Working Paper
Appears in Collections:CSIO Electronic Working Papers, Northwestern University

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