Imperfect Information and Conspiracy Class Actions
Stephen Pitel, ed., Litigating Conspiracy: An Analysis of Competition Class Actions, p. 81, Irwin Law, 2006
9 Pages Posted: 5 Feb 2013
Date Written: 2006
Imperfect information problems have important effects in privately initiated class action litigation over price-fixing conspiracies. In this comment on work by Margaret Sanderson and Michael Trebilcock, and David Rosenberg and James Sullivan, the author uses imperfect information as the frame of analysis to discuss proposed solutions to problems associated with class action litigation about conspiracy. Fully appreciating the information structure of class actions is essential to understanding current practice, particularly the importance of “follow-on” actions, and understanding the implications of reform to current regimes.
Keywords: Litigation, conspiracies
JEL Classification: K00, K10, K41
Suggested Citation: Suggested Citation