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We study the timing of leniency applications using a novel application of multi-spell discrete-time survival analysis for a sample of cartels prosecuted by the European Commission between 1996 and 2014. The start of a Commission investigation does not affect the rate by which conspirators apply...
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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 …
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Competition agencies to detect and punish cartel behaviour. The leniency applicant provides vital information to the competition … authorities to fulfil the needs of this Policy. This information would be of great assistance to a claimant harmed by the cartel …
Persistent link: https://www.econbiz.de/10012997591
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 …
Persistent link: https://www.econbiz.de/10014184217
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common beliefs and the existing literature, that conspirators often apply for leniency long after a cartel collapses. We …
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