2 PREFACE spiracies were well documented and among “...the most spectacular prosecution successes [of the DOJ] in memory” (Mendel and Dyhrkopp, 1998, p. B5). The federal government’s prosecutors followed a string of precedent-setting ﬁnes by obtaining a guilty verdict in a criminal price-ﬁxing trial in Chicago in September 1998 against three former high-level executives of Archer Daniels Midland Co. (Eichenwald, 1998). International cartels are pandemic. In February 1997, the Antitrust Division of the DOJ reported that more than 20 grand juries were investigating global cartels; by September 1998, the number of such grand juries had risen to 30 (Mendel and Dyhrkopp, 1998). In 1998, the FBI doubled the number of person-hours spent investigating international price-ﬁxing allegations in the previous year (Spratling, 1998). For the two federal ﬁscal years 1997 and 1998, more than 90 percent of the criminal ﬁnes collected by the Antitrust Division have been levied against inter- national cartels; the latter totaled more than $400 million. Whereas prosecutions against cartels containing foreign companies constituted less than one percent of all Division actions ten years ago, in the last two years about two-thirds of such prosecutions have involved foreign companies. Companies involved in the lysine and citric-acid cartels
Review of Industrial Organization – Springer Journals
Published: Oct 3, 2004
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.
All for just $49/month
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.
Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera