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Optimal Structuring of Assessment Processes in Competition Law: A Survey of Theoretical Approaches
Kretschmer, Jürgen-Peter - Volkswirtschaft Abteilung, Fachbereich … - 2011
In competition law, the problem of the optimal design of institutional and procedural rules concerns assessment processes of the pro- and anticompetitiveness of business behaviors. This is well recognized in the discussion about the relative merits of different assessment principles such as the...
Persistent link: https://www.econbiz.de/10009003681
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European Union Antitrust Enforcement against Cartels – Priorities in the Context of Globalisation of Business and Economic Crisis
Iordache, Lucia - In: Revista de Economie Mondiala / The Journal of Global … 6 (2014) 3
In the context of globalisation and EU member states’ efforts to overcome the difficulties of the economic crisis, realising the full potential of the Single Market is the main component of a credible plan for higher and sustainable growth in the EU. Competition policy is the central pillar of...
Persistent link: https://www.econbiz.de/10011106092
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What Do We Know about the Effectiveness of Leniency Policies? A Survey of the Empirical and Experimental Evidence
Marvao, Catarina; Spagnolo, Giancarlo - The Stockholm Institute of Transition Economics and … - 2014
Over the last decade a large body of economic research has emerged that has sought to empirically test the effectiveness of leniency policies as tools to enhance the detection, prosecution and deterrence of cartel conduct. This research has considerable potential value in assisting competition...
Persistent link: https://www.econbiz.de/10010945036
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Heterogeneous Penalties and Private Information
Marvao, Catarina - The Stockholm Institute of Transition Economics and … - 2014
The theoretical framework of the adequacy or otherwise of fine reductions under the EU and US Leniency Programmes has been explored widely. However, the characteristics of the reporting cartel members remain unexplained. This is the first paper to develop a model where heterogeneous cartel...
Persistent link: https://www.econbiz.de/10010945037
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The EU Leniency Programme and Recidivism
Marvao, Catarina - The Stockholm Institute of Transition Economics and … - 2014
The EU Leniency Programme (LP) aims to encourage the dissolution of existing cartels and the deterrence of future cartels, through spontaneous reporting and/or significant cooperation by cartel members during an investigation. However, the European Commission guidelines are rather vague in terms...
Persistent link: https://www.econbiz.de/10010945038
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Measuring the deterrence properties of competition policy: the Competition Policy Indexes
Buccirossi, Paolo; Ciari, Lorenzo; Duso, Tomaso; … - Volkswirtschaftliche Fakultät, … - 2009
The aim of this paper is to describe in detail a set of newly developed indicators of the quality of competition policy, Competition Policy Indexes, or CPIs. The CPIs measure the deterrence properties of a competition policy in a jurisdiction, where for competition policy we mean the antitrust...
Persistent link: https://www.econbiz.de/10008633328
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Measuring the deterrence properties of competition policy: The competition policy indexes
Buccirossi, Paolo; Ciari, Lorenzo; Duso, Tomaso; … - Wissenschaftszentrum Berlin für Sozialforschung (WZB) - 2009
Wettbewerbspolitik in einem Staat oder, genauer gesagt, in einer Gebietskörperschaft. Unter Wettbewerbspolitik ist hierbei sowohl das … Kartellrecht als auch seine Vollstreckung definiert, wobei auch die Fusionskontrolle einbezogen ist. Die CPIs bauen auf „harten …
Persistent link: https://www.econbiz.de/10009371786
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Ökonometrische Analyse der Entscheidungspraxis des Bundeskartellamtes
Lauk, Martina - In: Journal of Economics and Statistics (Jahrbuecher fuer … 223 (2003) 6, pp. 680-711
In economic theory there is invariably a credible defence for all corporate competition practices. For the most part, the effects on static and dynamic competition functions cannot be uniquely identified. This gives economic policymakers a certain scope of discretion, and responsible decision...
Persistent link: https://www.econbiz.de/10008533716
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The Deterrence Effects of U.S. Merger Policy Instruments
Clougherty, Joseph A.; Seldeslachts, Jo - C.E.P.R. Discussion Papers - 2011
We estimate the deterrence effects of U.S. merger policy instruments with respect to the composition and frequency of future merger notifications. Data from the Annual Reports by the U.S. DOJ and FTC allow industry based measures over the 1986-1999 period of the conditional probabilities for...
Persistent link: https://www.econbiz.de/10009225959
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Remedy for Now but Prohibit for Tomorrow: The Deterrence Effects of Merger Policy Tools
Seldeslachts, Jo; Clougherty, Joseph A.; Barros, Pedro Pita - Abteilung "Wettbewerbsfähigkeit und industrieller … - 2007
, Untersagung morgen: Abschreckungswirkung von Wettbewerbs-intrumenten) <br>Wettbewerbspolitik ist nicht nur Regulierung von … Entscheidungsträger haben die Abschreckungswirkung von Wettbewerbspolitik vollständig untersucht, da es sehr schwierig ist diese Wirkung … Wettbewerbspolitik auf die künftige Anzahl von Firmenzusammenschlüssen zu bewerten. Wir zeigen, dass die Untersagung von …
Persistent link: https://www.econbiz.de/10005772884