How to Block Cartel Formation and Price-Fixing Darren Bush, John M. Connor, John J. Flynn, Shubha Ghosh, Warren Grimes, Joseph E. Harrington, Norman Hawker, Robert Lande, William G. Shepherd, Steven Semeraro. Brief 04-01. Apr 2004.
Abstract written by the AEI-Brookings Joint Center:
Allowing foreign buyers of goods produced by international cartels to pursue civil antitrust damages in U.S. courts would better deter cartel formation and price-fixing than do sanctions currently imposed by global criminal and civil justice systems.
It seems to me that the paper demonstrates that price - fixing cartels do exist and can cause significant damages.
However the paper does not demonstrate that “permitting ...