A Proposed Solution to the Problem of Parallel Pricing in Oligopolistic Markets

Abstract:     
This Note seeks to address a systemic and difficult issue in the field of antitrust, namely the problem of proving concerted action for the purpose of price-fixing claims in oligopolistic markets. While antitrust law has been markedly successful in eliminating express cartels, competition policy has been equally noteworthy for its failure to effectively address instances of parallel pricing that may have an economically analogous effect to explicit price-fixing. Though the law has long viewed this shortcoming as an inevitable consequence of market structure, this Note articulates both a different conclusion and a novel solution.

Number of Pages in PDF File: 43

Accepted Paper Series