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This paper provides a comprehensive discussion of the deterrence properties of a competition policy regime. On the … deterrence: 1) sanctions and damages; 2) financial and human resources; 3) powers during the investigation; 4) quality of the law …; 5) independence; and 6) separation of power. We then discuss how to measure deterrence. We review the literature that …
Persistent link: https://www.econbiz.de/10010333768
, Competition Policy Indexes, or CPIs. The CPIs measure the deterrence properties of a competition policy in a jurisdiction, where …
Persistent link: https://www.econbiz.de/10010333910
, Competition Policy Indexes, or CPIs. The CPIs measure the deterrence properties of a competition policy in a jurisdiction, where …
Persistent link: https://www.econbiz.de/10003909293
This paper provides a comprehensive discussion of the deterrence properties of a competition policy regime. On the … deterrence: 1) sanctions and damages; 2) financial and human resources; 3) powers during the investigation; 4) quality of the law …; 5) independence; and 6) separation of power. We then discuss how to measure deterrence. We review the literature that …
Persistent link: https://www.econbiz.de/10003909295
deterrence. Increasing the probability of an investigation at high levels reduces collusion, yet never completely. …
Persistent link: https://www.econbiz.de/10011919342
settlement amount, yet at the price of reduced deterrence for those wrongdoers who are actually fined. Under a leniency program … fine reduction on deterrence is, therefore, negative. …
Persistent link: https://www.econbiz.de/10012159842
Bei Verstößen gegen geltendes Wettbewerbsrecht entstehen typischerweise Schäden durch überhöhte Preise und entgangenen Gewinn bei nachgelagerten Wirtschaftsstufen. Hierfür besteht ein gesetzlicher Schadensersatzanspruch. Auf europäischer Ebene wird derzeit ein Rechtsrahmen diskutiert, mit...
Persistent link: https://www.econbiz.de/10010299503
Basing-point pricing is known to have been abused by geographically dispersed firms in order to eliminate competition on transportation costs. This paper develops a topographic test for collusive basing-point pricing. The method uses transaction data (prices, quantities) and customer project...
Persistent link: https://www.econbiz.de/10010326071
An environmental agreement in an oligopolistic market may violate the competition rules, as described in Articles 81 and 82 of the Treaty. Ordinarily, some collusion among firms is necessary for an environmental agreement to be successful. This collusion may be acceptable when it relates to the...
Persistent link: https://www.econbiz.de/10011608636
strategies deter organized economic crime. The absolute level of a fine has a strong deterrence effect, even when the exogenous … also document a strong deterrence effect of the sum of fines paid in the past, which suggests a significant role for …
Persistent link: https://www.econbiz.de/10010320242