discussed appear relevant to the fight of other forms of multiagent organized crime - like auditor-manager collusion, financial …

Leniency programmes (or policies) reduce sanctions against cartel members that self-report to the Antitrust Authority …’ punishment; and (c) increasing the riskiness of taking part to a cartel. …

whistleblowers affect cartel formation and prices. Antitrust without leniency reduces cartel formation, but increases cartel prices …

Hidden Markov Model that answers the question, taking into account that often we do not know whether a cartel exists in an …

firms to collude. We analyse the scope for collusion with and without resale price maintenance (RPM) when retailers observe … collusion and it reduces total welfare whenever firms choose to adopt it. …

show that any vertical merger facilitates upstream collusion, no matter how large (in terms of capacity or size of product … collusion than a similar merger with a smaller buyer. This formalizes the idea expressed in the U.S. and EU non …

of cartel deterrence, but the firms’ limited ability to pay does not appear any longer such a strong argument for their …

forms of collusion, such as collusion between auditors and management, and more generally to corporate and organized crime. …This chapter examines the relationship between corporate governance and competition, particularly with regard to cartel … in terms of sanctions and leniency policies. Many of the conclusions appear applicable, with minor changes, to non-antitrust …

strategies deter cartel formation. With leniency policies offering immunity to the first reporting party a high fine is the main …