Scandinavian Working Papers in Economics
Working Papers,
Copenhagen Business School, Department of Economics
No 02-2002: Must Trust Bust?
Peter Møllgaard
Additional contact information
Peter Møllgaard: Department of Economics, Copenhagen Business School, Postal: Department of Economics, Copenhagen Business School, Solbjerg Plads 3 C, 5. sal, DK-2000 Frederiksberg, Denmark
Abstract: Our trust in competition policy is based on faith in markets.
When markets are oligopolies, already classical economists’ trust in
competition busted: Oligopolies carry the seeds of collusion. To develop,
collusion needs trust between firms. But new leniency programmes are
designed to bust that trust. I discuss when trust busters are likely to succeed
and when trust prevails.
Keywords: Competition policy; Oligopolies; Collusion; Trust; Leniency programmes
14 pages, February 4, 2002
Full text files
7646
- Copenhagen Business School, Department of Economics
- Ordering Working Papers
- Home page for this series
Questions (including download problems) about the papers in this series should be directed to Lene Hald ()
Report other problems with accessing this service to Sune Karlsson ().
This page generated on 2022-03-04 14:16:00.