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Competition Policy and Price Fixing$
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Louis Kaplow

Print publication date: 2013

Print ISBN-13: 9780691158624

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691158624.001.0001

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Additional Considerations

Additional Considerations

(p.368) 15 Additional Considerations
Competition Policy and Price Fixing

Louis Kaplow

Princeton University Press

This chapter addresses two additional subjects. Institutional issues, which influence the cost and accuracy of investigation and adjudication, are important in fashioning competition rules. Here, the chapter is largely confined to identifying issues rather than resolving them. Second, coordinated behavior may involve not only price—the focus of this book—but also nonprice terms, such as product characteristics, territories, and other dimensions of competitive strategy. The logical structure of the analysis presented throughout is largely relevant to nonprice coordination, although, as this chapter shows, the relative importance of different considerations, particularly concerning detection, can differ significantly depending on the nature of the coordination involved.

Keywords:   institutional issues, investigation, adjudication, competition rules, coordinated behavior, nonprice terms, nonprice coordination, detection

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