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Beyond Competition Law

Because competition law is great..but it cannot solve all problems.

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Tag: Cartels

Is OPEC a (successful) cartel?

May 1, 2018 @BeyondCompLaw

The Organization of the Petroleum Exporting Countries (OPEC) was founded in Baghdad in 1960 by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. Nowadays the international

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Is economics helpful when it comes to cartels?

August 14, 2017 @BeyondCompLaw

Economics implies that cartels are inherently unstable and so should be short-lived because they price above the Nash equilibrium. However, the evidence is cartels are

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