Numerous recently uncovered cartels operated along the supply chain, with firms at one end facilitating collusion at the other -- hub-and-spoke arrangements. These cartels are hard to rationalize beca
We study the inner workings of a hub-and-spoke cartel in the Brazilian automotive-fuel industry. Based on court documents and detailed price and sales data, we discuss how gas station owners (spokes)
Numerous recently uncovered cartels operated along the supply chain, with firms at one end facilitating collusion at the other hub-and-spoke arrangements. These cartels are hard to rationalize becaus