The book describes and analyzes the formation operation and impacts of modernglobal cartels. It provides a broad picture of the economics competition lawand his... » 

The book describes and analyzes the formation operation and impacts of modernglobal cartels. It provides a broad picture of the economics competition lawand history of international price fixing. A deeper understanding of thephenomenon is afforded by intensive case studies of collusion in the marketsfor lysine citric acid and vitamins. Particular attention is given to theeconomic injuries sustained by the cartels customers. The author assesseswhether antitrust enforcement by the European Union the United States andother countries is capable of deterring cartels in the foreseeable future. «