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Corporate social responsibility by joint agreement
Schinkel, Maarten-Pieter; Treuren, Leonard - 2021
requiring a higher CSR level by regulation while preserving competition always gives higher within-market welfare. …
Persistent link: https://www.econbiz.de/10012591411
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The Effectiveness of Leniency Programs when Firms choose the Degree of Collusion
Emons, Winand - 2020
An antitrust authority deters collusion using fines and a leniency program. It chooses the probability of an investigation. Firms pick the degree of collusion: The more they collude, the higher are profits, but so is the probability of detection. Firms thus trade-off higher profits against...
Persistent link: https://www.econbiz.de/10012851094
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The effectiveness of leniency programs when firms choose the degree of collusion
Emons, Winand - 2018 - Version: October 2018
An antitrust authority deters collusion using fines and a leniency program. It chooses the probability of an investigation. Firms pick the degree of collusion: The more they collude, the higher are profits, but so is the probability of detection. Firms thus trade-off higher profits against...
Persistent link: https://www.econbiz.de/10011919342
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Rebating antitrust fines to encourage private damages actions
Emons, Winand; Lenhard, Severin - 2020 - Version: January 2020
To encourage private actions for damages in antitrust cases some jurisdictions subtract a fraction of the redress from the fine. We analyze the effectiveness of this policy. Such a rebate does not encourage settlement negotiations that would otherwise not occur. If, however, the parties settle...
Persistent link: https://www.econbiz.de/10012159842
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Public vs. Private Enforcement of Antitrust Law in Unilateral Conduct Cases - The Interaction Between the Economic Review of the Prohibition of Abuses of Dominant Positions and Pri...
Mackenrodt, Mark-Oliver - 2011
The present paper analyzes the interaction between the economic review of the probition of abuses of a dominant position (Article 82 EC) on the one hand and the efforts to enhance private enforcement of competition law through private damage claims on the other hand. The paper argues that...
Persistent link: https://www.econbiz.de/10013134375
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Rebating Antitrust Fines to Encourage Private Damages Actions
Emons, Winand - 2020
To encourage private actions for damages in antitrust cases some jurisdictions subtract a fraction of the redress from the fine. We analyze the effectiveness of this policy. Such a rebate does not encourage settlement negotiations that would otherwise not occur. If, however, the parties settle...
Persistent link: https://www.econbiz.de/10012842842
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Innovation Competition, Unilateral Effects and Merger Policy
Petit, Nicolas - 2020
recently, the European Commission (“Commission”) used its powers under the EU Merger Regulation (“EUMR”) to impose remedies in …
Persistent link: https://www.econbiz.de/10012852989
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Optimal Enforcement of Competition Policy : The Commitments Procedure Under Uncertainty
Gautier, Axel - 2020
Since the introduction of a formal commitments procedure in EU antitrust policy (Article 9 of Council Regulation 1 …
Persistent link: https://www.econbiz.de/10012856496
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Polycentric governance in collusive agreements
Schmal, Wolfgang Benedikt - 2024
within a cartel, has received surprisingly low attention. Using a comprehensive dataset of 191 cartels from 2012 - 2018, this … paper empirically reveals that polycentric structures within the cartel governance may contribute to longer duration and … environment. The insights may be helpful for cartel authorities and new research combining institutional and industrial economics. …
Persistent link: https://www.econbiz.de/10014481223
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Cartel duration and endogenous private monitoring and communication : an instrumental variables approach
Zhou, Jun - 2012
. Estimating the impact of such collusive practices" - known as the 'lysine strategy profile (LSP)" - on cartel duration is … related to cartel duration. After correction for selectivity in the decision to use the LSP, statistical tests are consistent … with a theoretic prediction that the LSP increases cartel duration. …
Persistent link: https://www.econbiz.de/10009571067