01953cas a2200313 a 4500 AALejournalIMF022932 230101c9999 xx r poo 0 0eng d 20.00 USD 9798400210686 1018-5941 BD-DhAAL BD-DhAAL Moreau, Flavien. Macroeconomic Effects of Market Structure Distortions : Evidence from French Cartels / Flavien Moreau, Ludovic Panon. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (85 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students We provide systematic evidence on cartels' characteristics, using novel data on cases investigated by the French Competition Authority. These practices are widely spread across sectors and cartel members are typically among the top firms in their industries. In a model with heterogeneous firms and collusion, cartels amplify misallocation by charging supracompetitive markups. Breaking down French cartels would increase aggregate productivity by 2%, welfare by 3.5%, bringing the economy 37% closer to the efficient frontier. These numbers shed light on the aggregate importance of collusion. Mode of access: Internet Antitrust Law imf Horizontal Anticompetitive Practices imf Market Structure and Pricing imf Monopolization imf Oligopoly and Other Imperfect Markets imf Panon, Ludovic.. IMF Working Papers; Working Paper ; No. 2022/104 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=2022&issue=104 IMF e-Library