What Is The Effect Of Bid Rigging On Prices
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What Is The Effect Of Bid Rigging On Prices
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Author : Luke M. Froeb
language : en
Publisher:
Release Date : 1993
What Is The Effect Of Bid Rigging On Prices written by Luke M. Froeb and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Collusion categories.
Variation In Bid Rigging Cartels Overcharges
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Author : John M. Connor
language : en
Publisher:
Release Date : 2018
Variation In Bid Rigging Cartels Overcharges written by John M. Connor and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
Empirical examinations into the determinants of cartel overcharges are limited in the economic literature on collusion. We review the literature and perform a meta-analysis model of overcharges using data on 112 contemporary, penalized bid-rigging episodes over 27 years. We find that the price effects of bidding rings, controlling for industry fixed effects, are affected by buyer market concentration, seller industry concentration, and two temporal features (episodic duration and recessions during collusion).
The Oxford Handbook Of International Antitrust Economics
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Author : Roger D. Blair
language : en
Publisher: Oxford Handbooks
Release Date : 2015
The Oxford Handbook Of International Antitrust Economics written by Roger D. Blair and has been published by Oxford Handbooks this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Business & Economics categories.
More than any other area of regulation, antitrust economics shapes law and policy in the United States, the Americas, Europe, and Asia. In a number of different areas of antitrust, advances in theory and empirical work have caused a fundamental reevaluation and shift of some of the assumptions behind antitrust policy. This reevaluation has profound implications for the future of the field. The Oxford Handbook of International Antitrust Economics has collected chapters from many of the leading figures in antitrust. In doing so, this two volume Handbook provides an important reference guide for scholars, teachers, and practitioners. However, it is more than a merely reference guide. Rather, it has a number of different goals. First, it takes stock of the current state of scholarship across a number of different antitrust topics. In doing so, it relies primarily upon the economics scholarship. In some situations, though, there is also coverage of legal scholarship, case law developments, and legal policies. The second goal of the Handbook is to provide some ideas about future directions of antitrust scholarship and policy. Antitrust economics has evolved over the last 60 years. It has both shaped policy and been shaped by policy. The Oxford Handbook of International Antitrust Economics will serve as a policy and research guide of next steps to consider when shaping the future of the field of antitrust.
Cartels Competition And Public Procurement
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Author : Stefan Weishaar
language : en
Publisher: Edward Elgar Publishing
Release Date : 2013-01-01
Cartels Competition And Public Procurement written by Stefan Weishaar and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-01 with Law categories.
ÔThis volume is long overdue. Integrated legal and economic analysis of competition law is crucial given the nature of the sector. However to carry this off successfully, one either needs intensive editorial work to bring different teams together; or one has to rely on the few who master both economic and legal analysis to a tee. Stefan WeishaarÕs analysis not only looks at a stubborn issue in competition law. He does so in three jurisdictions, in detailed yet clear fashion, with clear insight and ditto conclusions. Over and above its relevance to academic analysis, this book can go straight into competition authoritiesÕ decision making, and therefore also in compliance and remediation advice.Õ Ð Geert Van Calster, University of Leuven, Belgium Cartels, Competition and Public Procurement uses a law and economics approach to analyse whether competition and public procurement laws in Europe and Asia deal effectively with bid rigging conspiracies. Stefan Weishaar explores the ways in which economic theory can be used to mitigate the adverse effects of bid rigging cartels. The study sheds light on one of the vital issues for achieving cost-effective public procurement Ð which is itself a critical question in the context of the global financial crisis. The book comprehensively examines whether different laws deal effectively with bid rigging and the ways in which economic theory can be used to mitigate the adverse effects of such cartels. The employed industrial economics and auction theory highlights shortcomings of the law in all three jurisdictions Ð the European Union, China and Japan Ð and seeks to raise the awareness of policymakers as to when extra precautionary measures against bid rigging conspiracies should be taken. Students and researchers who have a keen interest in the relationship between law and economics, competition law and public procurement law will find this topical book invaluable. Practitioners can see how economic theory can be used to identify situations that lend themselves to bid rigging and policymakers will be informed about the shortcomings of existing legislation from a legal and economics perspective and will be inspired by approaches taken in different jurisdictions.
Detection Of Bid Rigging In Procurement Auctions
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Author : Robert H. Porter
language : en
Publisher:
Release Date : 1992
Detection Of Bid Rigging In Procurement Auctions written by Robert H. Porter and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Government purchasing categories.
This paper examines bidding in auctions for state highway construction contracts on Long Island in the early 1980s, in order to determine whether bid rigging occurred. Detection of collusion is possible because of limited participation in the collusive scheme. The paper looks at differences in behavior between ring members and non-members. In these auctions, collusio did not take the form of a bid rotation scheme, in which only one ring member submits a bid. Instead, several ring members bid on most jobs. The apparent role of ring meetings prior to the auction was to designate a serious bidder, and its bid, and the other firms then frequently submitted phony higher bids. The bidding data indicate that the bids of non-cartel firms, as well as their rank distribution, were related to cost measures, such as how much backlog a firm was carrying. In contrast, the rank distribution of higher cartel bids was unrelated to similar cost measures, and differed from the distribution of the low cartel bid
Combating Collusion In Public Procurement
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Author : Katarzyna Kuźma
language : en
Publisher: Edward Elgar Publishing
Release Date : 2020-10-30
Combating Collusion In Public Procurement written by Katarzyna Kuźma and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-30 with Law categories.
This book offers a clear and structured examination of how joint bidding structures comply with competition rules in Europe. It explains how joint-bids could be considered as agreements aimed at distorting competition, the practice commonly referred to as bid rigging. The book demonstrates how the conclusion of joint-bid agreements could constitute grounds for exclusion from public procurement proceedings under Article 57(4)(d) of Directive 2014/24/EU.
Cartelization In The Automotive Industry And Bid Rigging In Procurement Auctions
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Author : Johannes Gerhardt
language : en
Publisher: GRIN Verlag
Release Date : 2017-04-04
Cartelization In The Automotive Industry And Bid Rigging In Procurement Auctions written by Johannes Gerhardt and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-04 with Business & Economics categories.
Master's Thesis from the year 2016 in the subject Economics - Industrial Economics, grade: 1,3, Justus-Liebig-University Giessen, language: English, abstract: Due to the high importance of the automotive industry for the EU and the growing number of discovered automotive supplier cartels in this economic area, the purpose of the master thesis at hand is to analyze and display why cartelization – especially among automotive suppliers in the EU – is observed so frequently. Particularly, it investigates factors that facilitate collusion of car part manufacturers. Furthermore, it focuses on cartelization in procurement auctions as the touch point of automotive manufacturers and suppliers where collusive activities are executed. Hence, it examines the current state of theoretical research on collusive mechanism in auctions and provides implications for further research. Finally, it analyzes approaches to prevent collusion and assesses whether such measures are applicable to the automotive industry. The thesis is structured as follows: After this introduction, chapter two defines the scope of the industry for this paper and provides a broad overview of its different sectors and significant players. In addition, due to their overall importance for the following analysis, procurement and bidding processes in the automotive industry are exhibited upfront. To emphasize the industry’s importance for the EU, an outline of the state of this industry sector in the EEA is given. Building on that, chapter three presents a general introduction to cartelization in the automotive industry, followed by a presentation of three representative recent cartel cases in the EU: Car Glass, Automotive Bearings and Parking Heaters. This sets ground for a detailed analysis of the prevailing environment in the automotive industry. First, the analysis examines the manufacturer side including degrees of concentration, dominant strategies and effects of the automotive manufacturers’ market power. This is followed by an analysis of the supplier side regarding concentration and barriers to entry. Contingent on the analysis, factors that facilitate collusion in the automotive industry are summarized To introduce collusion in auctions, chapter four starts with an outline of the theoretical foundation of auction theory. Based on this, auction formats that foster collusion and stability of cartels are discussed. Furthermore, the most relevant incentive compatible mechanisms are introduced distinguishing between one-shot and repeated auction games.
Bid Rigging And The Competitive Bidding Process
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Author : J. Douglas Zona
language : en
Publisher:
Release Date : 1988
Bid Rigging And The Competitive Bidding Process written by J. Douglas Zona and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Bid-rigging categories.
Administered Prices Pt 27 Price Fixing And Bid Rigging In The Electrical Manufacturing Industry April 13 14 17 20 25 28 May 2 1961 Pp 16507 17200 Pt 28 Price Fixing And Bid Rigging In The Electrical Manufacturing Industry May 3 5 10 11 16 18 June 5 6 22 23 1961 Pp 17201 17966 Pt 29 Public Policy On Administered Prices May 21 23 1963 Pp 17967 18214
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Author : United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly
language : en
Publisher:
Release Date : 1957
Administered Prices Pt 27 Price Fixing And Bid Rigging In The Electrical Manufacturing Industry April 13 14 17 20 25 28 May 2 1961 Pp 16507 17200 Pt 28 Price Fixing And Bid Rigging In The Electrical Manufacturing Industry May 3 5 10 11 16 18 June 5 6 22 23 1961 Pp 17201 17966 Pt 29 Public Policy On Administered Prices May 21 23 1963 Pp 17967 18214 written by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1957 with Prices categories.
Price Fixing Bid Rigging And Market Allocation Schemes
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Author :
language : en
Publisher:
Release Date : 2011
Price Fixing Bid Rigging And Market Allocation Schemes written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.