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Hub-and-Spoke Cartels by Luke Garrod, Joseph E. Harrington, Jr. and Matthew Olczak
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Hub-and-Spoke Cartels

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Hub-and-Spoke Cartels by Luke Garrod, Joseph E. Harrington, Jr. and Matthew Olczak
Paperback $55.00
Nov 16, 2021 | ISBN 9780262046206

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Product Details

Table Of Contents

Preface
1: Introduction
1.1: What Is a Hub-and-Spoke Cartel?
1.2: Why Study Hub-and-Spoke Cartels?
1.3: Approach and Overview
2: General Analysis of Hub-and-Spoke Collusion
2.1: Collusion Requires Participation, Stability, and Coordination
2.2: Participation, Stability, and Coordination Conditions for a Hub-and-Spoke Cartel
2.3: Summary and Final Remarks
3: Collusion to Raise Downstream Prices: Upstream Supplier as Hub
3.1: Economic Framework
3.2: Cases
3.3: General Lessons
3.4: Appendix: Sugar (Canada)
3.5: Technical Appendix
4: Collusion to Raise Downstream Prices: Downstream Intermediary as Hub
4.1: Economic Framework
4.2: Cases
4.3: General Lessons
5: Collusion to Exclude Rival Firms
5.1: Economic Framework
5.2: Cases
5.3: General Lessons
5.4: Appendix: Automobile Retailing—General Motors (US)
5.5: Technical Appendix
6: General Assessment of Hub-and-Spoke Cartels
6.1: Cartel Formation
6.2: Cartel Operations
6.3: Cartel Efficiency
7: Competition Law and Hub-and-Spoke Collusion
Notes
References
Index

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