Global Cartels Redux: The Amino Acid Lysine Antitrust Litigation (1996)

43 Pages Posted: 30 Jul 2008

See all articles by John M. Connor

John M. Connor

Purdue University; American Antitrust Institute (AAI)

Multiple version iconThere are 2 versions of this paper

Date Written: March 15, 2007

Abstract

This paper presents an updated narrative of the history of the global lysine cartel and the legal consequences for its members in the United States. The story focuses especially upon the role of economists in calculating the size of overcharges and how the estimates can affect the decisions of plaintiffs and defendants in private treble-damages litigation. It concludes with ruminations about the rationality of participating in price-fixing conspiracies and the difficulty of achieving optimal deterrence of international cartels.

Keywords: Cartel, collusion, price fixing, antitrust, optimal deterrence, chemicals, remedies

JEL Classification: L41, L44, L65, L11, L13, N60, K21, K14

Suggested Citation

Connor, John M. and Connor, John M., Global Cartels Redux: The Amino Acid Lysine Antitrust Litigation (1996) (March 15, 2007). Available at SSRN: https://ssrn.com/abstract=1188402 or http://dx.doi.org/10.2139/ssrn.1188402

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