Odudu, Okeoghene --- "Hub and Spoke Collusion" [2013] ELECD 1110; in Lianos, Ioannis; Geradin, Damien (eds), "Handbook on European Competition Law" (Edward Elgar Publishing, 2013) 242

Book Title: Handbook on European Competition Law

Editor(s): Lianos, Ioannis; Geradin, Damien

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781848445536

Section: Chapter 6

Section Title: Hub and Spoke Collusion

Author(s): Odudu, Okeoghene

Number of pages: 17

Abstract/Description:

In order to achieve a coordinated response on the market it is necessary that competing undertakings are able to (a) identify a mutually beneficial strategy; (b) detect deviation from that strategy; and (c) apply pressure to prevent deviation from the mutually beneficial strategy. Information disclosure, by removing uncertainties, can make it easier for competing undertakings to achieve the first element of a coordinated market response – identifying a mutually beneficial strategy. Information disclosure may also enable competing undertakings to achieve the second element of a coordinated market response – detecting deviation from the mutually beneficial strategy.