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Becker's theory of crime, penalties must be at least as high as expected benefits to deter crimes. For example, we start by … multiplying cartel infringement by the reciprocal of the probability of detection and punishment. When we factor in expected … personal benefits. In theory, deterrence to participate in cartel activities must be based both on the incentives of firms as a …
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.S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing …While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political … preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U …
Persistent link: https://www.econbiz.de/10011346282
effort is made to create charts that illustrate trends in cartel dimensions and antitrust decisions …The following charts illustrate the global size and economic impacts of the modern international cartel movement and … the enforcement responses of the world’s antitrust authorities and national courts. The sample encompasses 640 private …
Persistent link: https://www.econbiz.de/10014139147
A global trend towards the criminalisation of cartel activity can be detected at present. What was once primarily a US … cartel criminalization. The existence of criminal cartel sanctions in such countries is invariably justified as a necessity … of criminal cartel sanctions (namely, economic deterrence) and to evaluate some of the inherent, challenging problems …
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the equivalent effect to collusion on prices. This paper also provides an analysis of the effect of different antitrust …Based on a price setting duopoly model, this paper argues that collusion on managerial incentive compensation may have …
Persistent link: https://www.econbiz.de/10012952909
Corporate governance and competition law generate divergent incentives in the organization. This paper confronts these regulating tools in a gametheoretical approach of collusive behaviors in vertical organizations
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