Hub-and-Spoke Cartels: Why They Form, How They Operate, and How to Prosecute ThemThe first comprehensive economic and legal analysis of hub and spoke cartels, with detailed case studies. A cartel forms when competitors conspire to limit competition through coordinated actions. Most cartels are composed exclusively of firms that would otherwise be in competition, but in a hub and spoke cartel, those competitors (spokes) conspire with the assistance of an upstream supplier or a downstream buyer (hub). This book provides the first