Hard-core cartels are the most egregious violations of competition law. What are the most appropriate tools to fight them? . In this book, the OECD identifies an increasingly successful  "carrot-and-stick"  approach -  applying stiffer punishment for cartel operators and enhancing programmes...

Based on a theoretical framework on custodial and non-custodial sentencing, the paper provides econometric tests on the effectiveness of police, public prosecution and courts. Using a unique dataset covering German states for the period 1977-2001, a comprehensive system of criminal prosecution...