The current global pandemic has presented challenges unprecedented in our lifetimes, including the upheaval of supply-and-demand dynamics and other market distortions in numerous sectors of the world economy. Join Tim Snail and other panelists for a discussion of price gouging, damages and antitrust, the economic analysis of them, and the public and private measures available to prevent or remedy price gouging.
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Assessing umbrella pricing incentives
When collusive agreements involve a subset of firms in an industry, they may create the incentive and ability for firms that are not participants in the cartel...