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An antitrust authority deters collusion using fines and a leniency program. Unlike in most of the earlier literature … distributed asymmetrically among firms. Asymmetry of the evidence can increase the cost of deterrence if the high-evidence firm …; this may increase the cost of deterrence. …
Persistent link: https://www.econbiz.de/10010402216
An antitrust authority deters collusion using fines and a leniency program. It chooses the probability of an … deterrence. Increasing the probability of an investigation at high levels reduces collusion, yet never completely. …
Persistent link: https://www.econbiz.de/10011919342
To encourage private actions for damages in antitrust cases some jurisdictions subtract a fraction of the redress from … 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
This paper examines the evolution of national competition (antitrust) policies and enforcement approaches vis …
Persistent link: https://www.econbiz.de/10011723874
An antitrust authority deters collusion using fines and a leniency program. Unlike in most of the earlier literature … distributed asymmetrically among firms. Asymmetry of the evidence can increase the cost of deterrence if the high-evidence firm …; this may increase the cost of deterrence. …
Persistent link: https://www.econbiz.de/10011420625
effectiveness of antitrust policies in the business community using panel data for as much as 59 countries and 14-year span. We use … dissuasion in the hands of antitrust enforcers against the more damaging forms of explicit collusion among rival firms in the …
Persistent link: https://www.econbiz.de/10014173671
Recently, Chr. Mantzavinos proposed a new concept for antitrust analysis drawing on theoretical developments in New … welfare economics, Mantzavinos pleas for a rule-governed antitrust policy which mainly operates with per se rules. This paper … argues that the criticism of the traditional foundations of antitrust is inadequate and that per se rules rarely work …
Persistent link: https://www.econbiz.de/10010296936
We examine antitrust rules in a two county general equilibrium trade model, contrasting national and multilateral …
Persistent link: https://www.econbiz.de/10011348345
private damage suits in the aftermath of antitrust litigation increase. The approaches implementation is embedded into current …
Persistent link: https://www.econbiz.de/10010230329
&S restricting their analysis to a static view of markets and antitrust …
Persistent link: https://www.econbiz.de/10012868237