Bodnar, Olivia; Fremerey, Melinda; Normann, Hans-Theo; … - 2019
Private damage claims against cartels may have negative effects on leniency: whereas whistleblowers obtain full … claims. This may stabilize cartels. We run an experiment to study this issue. Firms choose whether to join a cartel, may … apply for leniency afterwards, and then potentially face private damages. We find that the implementation of private damage …