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Global Price Fixing - Our Customers are the Enemy (Paperback, Softcover reprint of the original 1st ed. 2001)
Loot Price: R5,524
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Global Price Fixing - Our Customers are the Enemy (Paperback, Softcover reprint of the original 1st ed. 2001)
Series: Studies in Industrial Organization, 24
Expected to ship within 10 - 15 working days
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The goal of Global Price Fixing is to describe and analyze the
origins, operation, and impacts of global cartels in the markets
for lysine, citric acid, and vitamins. The work is fundamentally a
historical approach to understanding the interplay among personal
motivations, economic forces, and the enforcement of the
competition laws of the major industrial nations. The first chapter
highlights the renewed importance of international price-fixing
conspiracies after an absence of nearly 50 years. Two following
chapters provide background on the economics theory and legal
principles relevant to understanding cartels. Nine following
chapters comprise the economic core of this book. Three chapters
are devoted to each of the three cartels selected for intensive
study: citric acid, lysine, and vitamins. The next four chapters
then concentrate on the legal fallout from the discovery of the
three cartels by the world's antitrust authorities. Chapter 17
provides a description of a few additional selected cartels with
features not found in the lysine, citric acid, and vitamins
cases.The penultimate chapter considers whether the antitrust
resources of government agencies and private plaintiffs are
sufficient to deter global price fixing in the foreseeable future.
This final chapter attempts to identify major themes that appear
throughout the book and to provide a summary of the ultimate impact
of the global-cartel pandemic of the 1990s.
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