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The Impact of Cartels on National Economy and Competitiveness

A Lithuanian Case Study

  • Book
  • © 2015

Overview

Authors:
  1. Jurgita Bruneckienė

    1. Department of Economics, Kaunas University of Technology, Kaunas, Lithuania

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  2. Irena Pekarskienė

    1. Department of Economics, Kaunas University of Technology, Kaunas, Lithuania

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  3. Andrius Guzavičius

    1. Department of Finance, Kaunas University of Technology, Kaunas, Lithuania

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  4. Oksana Palekienė

    1. Department of Economics, Kaunas University of Technology, Kaunas, Lithuania

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  5. Jūratė Šovienė

    1. Lithuanian Competition Council, Vilnius, Lithuania

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  • Focuses on evaluating the cartels’ concrete economic impacts

  • Specifically addresses countries that are small economies with developing cultures of competition

  • Includes theoretical and practical analysis

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Table of contents (10 chapters)

  1. Front Matter

    Pages i-xx
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  2. Conception of Cartels: Definition and Diversity

    • Jurgita Bruneckienė, Irena Pekarskienė, Andrius Guzavičius, Oksana Palekienė, Jūratė Šovienė
    Pages 1-47

  3. Cartel Occurrence and Operation in Market

    • Jurgita Bruneckienė, Irena Pekarskienė, Andrius Guzavičius, Oksana Palekienė, Jūratė Šovienė
    Pages 49-67

  4. Cartel Markets

    • Jurgita Bruneckienė, Irena Pekarskienė, Andrius Guzavičius, Oksana Palekienė, Jūratė Šovienė
    Pages 69-96

  5. Legal Regulation of Cartels

    • Jurgita Bruneckienė, Irena Pekarskienė, Andrius Guzavičius, Oksana Palekienė, Jūratė Šovienė
    Pages 97-134

  6. Analysis of the Impact of Cartels on National Economy and Competitiveness

    • Jurgita Bruneckienė, Irena Pekarskienė, Andrius Guzavičius, Oksana Palekienė, Jūratė Šovienė
    Pages 135-154

  7. Critical Analysis of Economic Efficiency of Fines Imposed on Cartels

    • Jurgita Bruneckienė, Irena Pekarskienė, Andrius Guzavičius, Oksana Palekienė, Jūratė Šovienė
    Pages 155-171

  8. Methodological Principles of Assessing Cartel Harm (Effects)

    • Jurgita Bruneckienė, Irena Pekarskienė, Andrius Guzavičius, Oksana Palekienė, Jūratė Šovienė
    Pages 173-215

  9. Assessment of Cartel Impact on the National Economy: Integrated Model

    • Jurgita Bruneckienė, Irena Pekarskienė, Andrius Guzavičius, Oksana Palekienė, Jūratė Šovienė
    Pages 217-229

  10. Empirical Application of a Model for an Integrated Assessment of Cartel Impact on the National Economy in the Case of Lithuania

    • Jurgita Bruneckienė, Irena Pekarskienė, Andrius Guzavičius, Oksana Palekienė, Jūratė Šovienė
    Pages 231-278

  11. Recommendations to Minimise an Adverse Impact of Cartels on the National Economy

    • Jurgita Bruneckienė, Irena Pekarskienė, Andrius Guzavičius, Oksana Palekienė, Jūratė Šovienė
    Pages 279-286

  12. Back Matter

    Pages 287-315
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Keywords

About this book

The book presents theoretical and empirical research on the integrated assessment of cartels’ effects on national economies. The empirical analysis is based on three cases in Lithuania, a country chosen because it corresponds to the features of a small economy with a developing culture of competition. An integrated assessment of a cartel’s impact by measuring the net economic effect created by its operations on the market is extremely important at the scale of national economies. If a cartel’s true impact is not identified and evaluated, it is impossible to make important strategic decisions, for the whole economy instead of individual affected parties and to establish an optimum baseline for mitigating the harm done to the economy. Thus, an integrated cartel impact assessment can help to more proactively combat cartel agreements on the market and improve the economic welfare of the respective country.

Authors and Affiliations

  • Department of Economics, Kaunas University of Technology, Kaunas, Lithuania

    Jurgita Bruneckienė, Irena Pekarskienė, Oksana Palekienė

  • Department of Finance, Kaunas University of Technology, Kaunas, Lithuania

    Andrius Guzavičius

  • Lithuanian Competition Council, Vilnius, Lithuania

    Jūratė Šovienė

Bibliographic Information

  • Book Title: The Impact of Cartels on National Economy and Competitiveness

  • Book Subtitle: A Lithuanian Case Study

  • Authors: Jurgita Bruneckienė, Irena Pekarskienė, Andrius Guzavičius, Oksana Palekienė, Jūratė Šovienė

  • DOI: https://doi.org/10.1007/978-3-319-17287-3

  • Publisher: Springer Cham

  • eBook Packages: Business and Economics, Economics and Finance (R0)

  • Copyright Information: Springer International Publishing Switzerland 2015

  • Hardcover ISBN: 978-3-319-17286-6Published: 25 June 2015

  • Softcover ISBN: 978-3-319-36886-3Published: 15 October 2016

  • eBook ISBN: 978-3-319-17287-3Published: 09 June 2015

  • Edition Number: 1

  • Number of Pages: XX, 315

  • Number of Illustrations: 26 b/w illustrations, 9 illustrations in colour

  • Topics: Industrial Organization, Macroeconomics/Monetary Economics//Financial Economics, Business Law

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