TY  - JOUR
AU  - Levenstein,Margaret
AU  - Suslow,Valerie
AU  - Oswald,Lynda
TI  - International Price-Fixing Cartels and Developing Countries: A Discussion of Effects and Policy Remedies
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 9511
PY  - 2003
Y2  - February 2003
UR  - http://www.nber.org/papers/w9511
L1  - http://www.nber.org/papers/w9511.pdf
N1  - Author contact info:
Margaret Levenstein
University of Michigan Business School
3201 Davidson Hall
Ann Arbor, MI  48109-1234
Tel: (734)615-6352
Fax: 734-936-0279
E-Mail: maggiel@umich.edu

Valerie Suslow
School of Business Administration
University of Michigan
701 Tappan Street
Ann Arbor, MI  48109-1234
E-Mail: suslow@umich.edu
AB  - We examine the possible effects of private international cartels on developing countries by looking in detail at three recent cartel cases, as well as at a broader cross-section of 42 recently prosecuted international cartels.  We discuss the indirect effects on developing country producers, either as competitors or co-conspirators, as well the direct effects of cartels on developing country consumers.  By combining trade data with a sample of US and European prosecutions of international cartels in the 1990s, we are able to estimate the order of magnitude of the consequences of these cartels on developing countries as consumers.  In 1997, the latest year for which we have trade data, developing countries imported $54.7 billion of goods from a sub-sample of 19 industries that contained a price-fixing conspiracy during the 1990s.  These imports represented 5.2% of total imports and 1.2% of GDP in developing countries.
ER  -