detecting and deterring cartels. As a supplementary analysis, the US leniency is studied. I discuss a dynamic model of cartel … formation and dissolution to illustrate how changes in antitrust policies and economic conditions might affect cartel duration … heterogeneity of cartels and the time-varying policy impacts suggested by theory. Contrary to earlier studies, my statistical tests …

detecting and deterring cartels. As a supplementary analysis, the US leniency is studied. I discuss a dynamic model of cartel … formation and dissolution to illustrate how changes in antitrust policies and economic conditions might affect cartel duration … heterogeneity of cartels and the time-varying policy impacts suggested by theory. Contrary to earlier studies, my statistical tests …

in the cartelized market. Our results have important implications for an effective prosecution of anti-cartel law …

-core cartels. We design a mechanism to form a hard-core cartel, which allows that multiple ringleaders emerge. Ringleaders often … "whistleblowers'" except for ringleaders may therefore reduce the incentive to become a ringleader and disrupt cartel formation. Yet … effect ultimately facilitates coordination in the explicit cartel …

The recent judgment in Pfleiderer exposes a tension between two goals of European cartel control policy: the ex ante … providing information to private parties which can enhance cartel members’ exposure to damages. This paper considers Pfleiderer …

-depth legal & economic analysis of cartel law enforcement on both sides of the Atlantic …

development of the innovative and modern leniency policy. Following the examination of the main conditions and reasons for cartel …

for the first firm(s) that self-report being part of a cartel and have become the main enforcement instrument used by … inducing firms to self-report or cooperate with a cartel investigation in exchange for a reduction in sanctions. Since they … convictions for the competition authority at the expense of reduced cartel deterrence and social welfare. Hence, it is vital for …

cartel investigations can obtain immunity from fines or a reduction of fines. Leniency plays a prominent role in EU cartel …