Screening markets for cartel detection: collusive markers in the CFD cartel-audit |
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Authors: | Christian Lorenz |
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Institution: | (1) Centre for International Migration and Development, Frankfurt a.M., Germany |
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Abstract: | Coordination Failure Diagnostics (CFD) is a model that analyses real market processes with the help of time pattern analysis
and investigates whether they operate efficiently. For competition authorities CFD can be employed to detect illegal covert
cartels. The CFD cartel-audit should enable the detection of cartels via characteristic market process patterns. This is based
on the assumption that existing cartels cause failures in the observed process patterns. The CFD cartel-audit attempts to
draw conclusions from these process patterns in order to find hidden cartels and to engage antitrust agencies into additional
more detailed audits.
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Keywords: | JEL Classifications" target="_blank">JEL Classifications L13 L41 L61 D43 |
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