|
Title: LEGAL ASPECTS OF COMPETITIVE CONSTRUCTION MARKET BEHAVIOR--AN ASSESSMENT IN SUPPORT OF VDOT'S ANTITRUST MONITORING AND DETECTION EFFORT
Accession Number: 00495110
Record Type: Component
Availability: Find a library where document is available Abstract: In this paper is presented part of the first phase of an effort in support of the Virginia Department of Transportation's (VDOT's) recently created Antitrust Monitoring and Detection Unit within the Construction Division. Provided are background on the legal aspects of anticompetitive market behavior and the recent experience with bid rigging in the construction industry. This paper is a companion to a paper in this Record by Allen and Mills, "An Economic Framework for Understanding Collusive Market Behavior." The purpose of the work is to provide a framework for empirical studies of highway construction markets. The second-phase work will also support VDOT in its evaluation of collusion detection models, the ultimate goal of which is to establish a comprehensive antitrust monitoring and detection system for use by the Construction Division of VDOT. This report has three sections. The first describes major aspects of antitrust law that affect the highway construction industry. The second section is a summary of recent experience with bid rigging. The final section presents a number of proposals for hindering collusive behavior and detecting antitrust violations.
Supplemental Notes: This paper appears in Transportation Research Record No. 1229, Economics, Finance, Planning, and Administration. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved
Monograph Title: Monograph Accession #: 01414067
Authors: Allen, Gary RCulkin, DonaldPagination: p. 53-61
Publication Date: 1989
Serial: ISBN: 0309048214
TRT Terms: Old TRIS Terms: Subject Areas: Administration and Management; Construction; Highways; Law; I10: Economics and Administration
Files: TRIS, TRB
Created Date: Jun 30 1990 12:00AM
More Articles from this Serial Issue:
|