Economics, Econometrics and Finance
8 years ago

Information sharing boosts collusion among firms, impacting market competition.

Cambridge University Press eBooks
Experimental results on collusion
Marco Haan, Lambert Schoonbeek, Barbara M. Winkel

Paper Summary

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The article reviews experiments on collusion, focusing on how information affects firms' ability to collude. In most cases, firms struggle to collude successfully. Collusion is more likely with just two firms involved. Sharing information voluntarily can help collusion, even if it's not the main reason for sharing. Knowing an industry's past prices can also impact collusion.