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Antitrust Policy : The Impact of Revenue Penalties on Price.

Elliott, Caroline and Acutt, Melinda (2007) Antitrust Policy : The Impact of Revenue Penalties on Price. Journal of Industry, Competition and Trade, 7 (1). pp. 1-8. ISSN 1566-1679

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    Abstract

    The paper examines the impact on a firm’s price when it faces the possibility of an antitrust investigation and associated potential revenue penalty. As well as presenting a general model of antitrust intervention, an illustrative example reflecting the provisions of the 1998 UK Competition Act is offered, the example being developed to explore the implications of the probability of antitrust intervention and punishment increasing non-linearly as a firm’s profit rises.

    Item Type: Article
    Journal or Publication Title: Journal of Industry, Competition and Trade
    Additional Information: The original publication is available at www.springerlink.com
    Uncontrolled Keywords: antitrust - regulation - revenue - profits - threats
    Subjects: H Social Sciences > HB Economic Theory
    Departments: Lancaster University Management School > Economics
    ID Code: 23623
    Deposited By: Dr Caroline Elliott
    Deposited On: 19 Feb 2009 11:11
    Refereed?: Yes
    Published?: Published
    Last Modified: 26 Jul 2012 16:12
    Identification Number:
    URI: http://eprints.lancs.ac.uk/id/eprint/23623

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