University of Illinois Urbana-Champaign

How are price fixing agreements unfair?

Delvasto Perdomo, Carlos

Content Files
DELVASTOPERDOMO-DISSERTATION-2019.pdf

Permalink

https://hdl.handle.net/2142/105884

Description

Title
How are price fixing agreements unfair?
Author(s)
Delvasto Perdomo, Carlos
Issue Date
2019-07-02
Director of Research (if dissertation) or Advisor (if thesis)
Lawless, Robert
Doctoral Committee Chair(s)
Lawless, Robert
Committee Member(s)
  • Bilz, Kenworthey
  • Robbennolt, Jennifer K.
  • Ulen, Thomas
Department of Study
Law
Discipline
Law
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
J.S.D.
Degree Level
Dissertation
Date of Ingest
2019-11-26T20:58:34Z
Keyword(s)
  • Antitrust law price-fixing agreements
  • moral intuitions
  • experimental surveys
  • dual entitlement theory
  • double effect doctrine
  • Price Fixing Attitude Scale.
Abstract
Antitrust law is trapped in a labyrinth of its own making. The assumption that consumer welfare and efficiency is the sole concern of antitrust law conflicts with what people view as unfair about antitrust law. The present thesis advances the understanding of antitrust law by providing some theoretical considerations and empirical results of what people view as unfair regarding price-fixing agreements. People's attitudes towards price fixing were obtained through experimental surveys on Amazon Mechanical Turk in the United States. The empirical results suggest that people view it as unfair when they feel that businesses rip them off through unequal transactions, such as price fixing and other forms of collusive behavior. But there is more to it than that. The evidence also suggests that people's price-fixing attitudes vary depending on the circumstances. The empirical results suggest that people judge price fixing as a moral violation influenced by the dual entitlement principle and the double effect theory. Moreover, results suggest that people’s intuitions about price fixing are not static and move whenever the social and moral context changes.
Graduation Semester
2019-08
Type of Resource
text
Permalink
http://hdl.handle.net/2142/105884
Copyright and License Information
Copyright 2019, Carlos Delvasto

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