Federal Antitrust Policy, The Law of Competition and Its ...
Herbert Hovenkamp
13 See Michael K. Block, F.C. Nold & J. Gregory Sidak, The Deterrent Effect of Antitrust Enforcement, 89 J.Pol.Econ. 429, 431 (1981). 14 However, the social cost of a cartel includes 1) the monopoly deadweight loss; 2) the cartel's enforcementĀ ...