doctrine was developed in antitrust, it became a frequently cited notion in the regulation of network utilities. Its relevance … the doctrine in competition polcy and regulation in the EU and Hungary. The next section is devoted to the controversies …

antitrust regulation on the endogenous maximal-sustainable cartel price. This impact depends upon industry characteristics … including its cartel culture. Our analysis disentangles the effects of traditional antitrust regulation and the leniency program …

disentangles the effects of traditional antitrust regulation, leniency, and cartel strategies. Without rewards to the strictly …-first reporter, leniency cannot reduce maximal cartel prices below those under traditional regulation. Moreover, in order to avoid …We analyze maximal cartel prices in infinitely-repeated oligopoly models under leniency where fines are linked to …

The paper assesses the impact of the detection of a hard-core cartel in the Swiss market for road surfacing on post-cartel … derives estimates of the economic effects of the decision. The results indicate that the detection of the cartel may have led …

requiring a higher CSR level by regulation while preserving competition always gives higher within-market welfare. …