Collusion: Is it Really that Bad?

Posted by Social Science Research Network

Collusion: Is it Really that Bad?

By Adriaan Ten Kate Sr.

Abstract:     Collusion, particularly collusion is in the form of hardcore cartel behavior, is the worst antitrust offense of all. People engaging in such conduct should be punished severely. That is the consensus among antitrust officials. I argue against, that collusion is not that bad as antitrust officials want to make us believe. Colluders are just people of the same trade trying to avoid the race to the bottom which competition implies for them. Moreover, they do it in a way that i…

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