The paper explores the consequences of SEC detection of illegal insider trading on subsequent insider trading activities. We hypothesize that individuals with private information update their subjective probabilities of getting caught and are less likely to exploit material, non-public...

This paper experimentally analyzes the cartel coordination challenge induced by the discrimination of cartel ringleaders in leniency policies. Ringleaders often take a leading role in the coordination and formation of a cartel. A leniency policy which grants amnesty to all "whistleblowers"...

This paper analyses the impact of terrorism on tax enforcement policies by focusing on the case of the Basque Country. The presence of externalities in tax administration attributable to the costs of terrorism is investigated by undertaking a theoretical analysis. The findings of this are tested...

This paper provides an overview of some of the key behavioural biases and their potential impact on competition. It was prepared as a background note for discussions on “Integrating Consumer Behaviour Insights in Competition Enforcement” held during the June 2022 session of the OECD...

This paper sets out the objectives and scope of application of debarment sanctions in different jurisdictions; describes the practical issues associated with their application; and suggests ways to maximise their effectiveness. It was prepared as a background note for discussions on “Director...

This paper reviews how competition authorities have incorporated innovation as part of their assessment in enforcement cases. It explores scenarios that have considered innovation from a static perspective, mostly analysing current and potential competition in well-identified product markets...

This paper discusses the theory of disruptive innovation, and will highlight some characteristics for competition authorities to consider when seeking to identify disruption. It was prepared as background material for the session "Disruptive innovation in Latin America and the Caribbean" held at...