On January 14, 2015, Raphaël De Coninck spoke at the Law and Economics Workshop, “Use and Abuse of Settlements in Antitrust Policies,” organized by Concurrences Journal and co-sponsored by Cleary Gottlieb and CRA. During his speech, he reflected on the settlement process, contrasting the US and European approaches.
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...