The number of reported cases of cartel activity has skyrocketed, but prosecutors still face a tough task in trying to prove collusion.
Cooperation, one of the most honored goals in society, sometimes has a different meaning for Valerie Suslow. That’s because the Johns Hopkins Carey Business School economist, a specialist in industrial organization, can point all too readily to rival business firms that have “cooperated” with each other by forming cartels and fixing prices in illegal efforts to increase profits.
Suslow, a professor and the vice dean of faculty and research at Carey, says she is interested in how companies avoid competition, rather than focusing on innovation to outpace their counterparts. Suslow’s research examines the causes, tactics, and repercussions of such corporate collusion.