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DANGO : JAPAN'S PRICE‐FIXING CONSPIRACIES
Author(s) -
McMillan John
Publication year - 1991
Publication title -
economics and politics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.822
H-Index - 45
eISSN - 1468-0343
pISSN - 0954-1985
DOI - 10.1111/j.1468-0343.1991.tb00047.x
Subject(s) - collusion , price fixing , industrial organization , business , microeconomics , economics
This paper addresses two questions about collusion in the Japanese construction industry. First, what mechanisms are used for enforcing the collusive agreement, for dividing the spoils, and for preventing the entry of new firms seeking a share of the collusive profits? Second, how much are prices raised as a result of the collusion?