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This document consists of a background report prepared by the OECD Secretariat to support the review of Colombia … undertaken by the OECD Competition Committee as part of the process for Colombia’s accession to the OECD [see the Roadmap for the … Accession of Colombia to the OECD Convention - C(2013)110/FINAL]. In accordance with paragraph 14 of Colombia’s Accession …
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This paper develops a model of the birth and death of cartels in the presence of enforcement activities by a Competition Authority (CA). We distinguish three sets of interventions: (a) detecting, prosecuting and penalizing cartels; (b) actions that aim to stop cartel activity in the short-term,...
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For a general class of oligopoly models with price competition, we analyze the impact of ex-ante leniency programs in antitrust regulation on the endogenous maximal-sustainable cartel price. This impact depends upon industry characteristics including its cartel culture. Our analysis disentangles...
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We study antitrust enforcement that channels price-fixing incentives through setting fines and allocating resources to detection activities. Antitrust fines obey four legal principles: punishments should fit the crime, proportionality, bankruptcy considerations, and minimum fines. Bankruptcy...
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This paper explores the origin and development of the "consumer choice" paradigm as the core concept of German ordoliberal thought which has had a strong impact on EU competition policy and law. Outside Germany, ordoliberal thought is often identified exclusively with the learning of the...
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The main goal of this academic paper is to provide an assessment of the current Antitrust regulatory framework in Serbia along with an analysis of Antitrust Commission practice in this field. This paper comprises of five sections. The first section focuses on the general provisions of Antitrust...
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