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common beliefs and the existing literature, that conspirators often apply for leniency long after a cartel collapses. We …
Persistent link: https://www.econbiz.de/10009685867
The paper focuses on the various methods used to quantify cartel damages, which have become more and more important as … legal environments with regards to the estimation approaches being used for quantification of cartel damages. The direct …
Persistent link: https://www.econbiz.de/10010230329
We investigate cartelists’ merger behavior using European Commission (EC) cartel decisions over a 28-year span and … few particular industries and usually include only a minority of the cartel participants. The EC’s leniency programs … expedite mergers. The EC’s cartel settlement procedure delays merger. After cartel dissolution, co-conspirators merge at a …
Persistent link: https://www.econbiz.de/10014147170
We investigate cartelists' merger behavior using European Commission (EC) cartel decisions over a 28-year span and … in a few particular industries and usually include only a minority of the cartel participants. The EC's leniency program … appears to expedite mergers, while the EC's cartel settlement procedure appears to delay mergers. After cartel dissolution, co …
Persistent link: https://www.econbiz.de/10014147493
prosecutions data over a long time horizon, 1969–2016, this Article examines the attributes of cartel enforcement over time and the … changing use of tools to assist with detection and punishment. We provide a comprehensive description of critical cartel … descriptive analysis which tends to reveal three broad phases of U.S. cartel enforcement and prosecutions. The most recent data …
Persistent link: https://www.econbiz.de/10012852491
(1978). This paper examines what Bork said and did not say about cartel enforcement and offers an examination of how actual … the structure of cartel enforcement played out relative to what Bork advocated. To provide some perspective on Bork’s view … of cartel enforcement, we compare his views to those of the other major influential antitrust book of the time by Posner …
Persistent link: https://www.econbiz.de/10014152333
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...
Persistent link: https://www.econbiz.de/10011435719
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
We study the timing of leniency applications using a novel application of multi-spell discrete-time survival analysis for a sample of cartels that were prosecuted by the European Commission (EC) between 1996 and 2014. The start of an EC investigation does not affect the rate at which...
Persistent link: https://www.econbiz.de/10012997923
While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political ….S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing … penalties related to fines and jail terms. There appear to be four distinct cartel policy regimes: pre-1978, 1978-1992, 1993 …
Persistent link: https://www.econbiz.de/10011346282