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Hub-and-Spoke Conspiracies: the Vertical Expression of a Horizontal Desire?

Hub-and-Spoke Conspiracies: the Vertical Expression of a Horizontal Desire? An increasing number of horizontal agreements involve both competitors and their common suppliers (or retailers).As vertical agreements, indirect horizontal agreements can help reduce coordination failures, but they also have the capacity to dampen competition.The negative welfare effect of these agreements generally dominates when undertakings try and raise prices. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of European Competition Law & Practice Oxford University Press

Hub-and-Spoke Conspiracies: the Vertical Expression of a Horizontal Desire?

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Publisher
Oxford University Press
Copyright
© The Author 2014. Published by Oxford University Press. All rights reserved. For Permissions, please email: journals.permissions@oup.com
ISSN
2041-7764
eISSN
2041-7772
DOI
10.1093/jeclap/lpu096
Publisher site
See Article on Publisher Site

Abstract

An increasing number of horizontal agreements involve both competitors and their common suppliers (or retailers).As vertical agreements, indirect horizontal agreements can help reduce coordination failures, but they also have the capacity to dampen competition.The negative welfare effect of these agreements generally dominates when undertakings try and raise prices.

Journal

Journal of European Competition Law & Practice – Oxford University Press

Published: Dec 30, 2014

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