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As the COVID-19 crisis unfolded, the European Commission (Commission) started labelling its enforcement of European Union (EU) competition law as exceptional. A Temporary Framework for State Aid was issued for the ‘current exceptional circumstances’ describing multiple types of aid dealing...
Persistent link: https://www.econbiz.de/10014351332
Competition law has proliferated around the world. Due to data limitations, however, there is little systematic information about the substance and enforcement of these laws. In this paper, we address that problem by introducing two new datasets on competition law regimes around the world....
Persistent link: https://www.econbiz.de/10014107908
This paper deals with the application of the principle of 'ne bis in idem' in EC antitrust enforcement. The principle of 'ne bis in idem', laid down in Article 4 of Protocol 7 to the European Convention on Human Rights and in Article 50 of the Charter of Fundamental Rights of the European Union,...
Persistent link: https://www.econbiz.de/10014211856
proven very successful at uncovering and punishing cartel agreements in the US. Countless jurisdictions are being encouraged … this paper is to widen the debate on cartel enforcement by identifying three issues which can undermine their effectiveness …
Persistent link: https://www.econbiz.de/10014214192
The ne bis in idem principle (the prohibition of double jeopardy) is a fundamental protection under EU law. It has long been of particular importance in the decentralised system of EU competition law enforcement brought about by Regulation 1/2003. While the mechanism for cooperation between the...
Persistent link: https://www.econbiz.de/10013294118
European Community law has played a pivotal role in opening to competition economic sectors previously under the control of public monopolies. As with other sectors such as telecommunications, air transport, electricity, gas, and rail, the postal sector has succumbed to the wave of...
Persistent link: https://www.econbiz.de/10014073491
This is a time of passionate debate on the fundamental goals of competition law. Should there be a single overarching goal for all of competition law and policy? Should that goal be framed in purely economic terms? Should antitrust focus on protecting the competitive process, preventing unfair...
Persistent link: https://www.econbiz.de/10014261480
This paper investigates a dataset that codes key features of the competition laws of 102 countries. It first compares the scope of the laws overall, and of various subcomponents such as the law governing dominance, collusive conduct, and mergers. The second question examined in this paper is...
Persistent link: https://www.econbiz.de/10014053980
cartel activity in Asia and uses a sample of modern private cartels to evaluate the relative effectiveness of three prominent … Asia and the rest of the world during 1990-2007. The need for assertive anti-cartel enforcement in Asia is demonstrated by …, it is doubtful that such monetary sanctions can deter modern international cartels. Optimal cartel deterrence is …
Persistent link: https://www.econbiz.de/10014222893
absolute Commission fine. Independent variables fall into four groups: the extent of the cartel’s antitrust injuries; factors … cartel; and controls for time, for changes in EC guidelines, for nationality of the defendant, and for industry …-specific characteristics. The predictive power of the final model is quite satisfactory. We find that EC corporate cartel fines generally …
Persistent link: https://www.econbiz.de/10014160151