pricing algorithm to solve the cartel incentive problem by quickly detecting and punishing the deviant further strengthen the … humans. This raises the fundamental challenge for anti-cartel enforcement as the current law in most jurisdictions is ill …

. Effective private enforcement requires that cartel victims can receive (at least) full compensation for the harm suffered …. Academics and competition authorities support this goal with guidance for the calculation of cartel damages. However, they … several years until cartel victims obtain damages. Interest and inflation are thus two key drivers of adequate compensation …

This paper deals with the optimal enforcement of competition law between merger and anti-cartel policies. We examine … account the ensuing incentives for firms in terms of choice between cartels and mergers. To the extent that a tougher anti-cartel …