The EU Leniency Programme (LP) aims to encourage the dissolution of existing cartels and the deterrence of future … cartels, through spontaneous reporting and/or significant cooperation by cartel members during an investigation. However, the …

sources of fine heterogeneity, data for EU and US cartels are used. Being the first reporter is shown to be correlated with … recidivism, leadership and other fine reductions. Some characteristics of the cartels where reporting occurred are also unveiled …. Identifying the characteristics of the reporting firms is vital to dissolve and dissuade cartels and the wider policy implications …

Cartels remain widespread and constitute a major problem for society. Leniency policies reduce or cancel the sanctions … competition authorities around the world in their fight against cartels. Such policies have shown to be a powerful tool in …

investigate and prosecute cartels. Currently, in several jurisdictions, information acquired in, for example, a M&A investigation … could be jeopardized if the firms were engaging in collusion, as the likelihood of detection and prosecution would increase … cartels are actually prosecuted via this channel, the proposal has the likelihood of creating a meaningful deterrence effect …

sources of fine heterogeneity, data for EU and US cartels are used. Being the first reporter is shown to be correlated with … recidivism, leadership and other fine reductions. Some characteristics of the cartels where reporting occurred are also unveiled …. Identifying the characteristics of the reporting firms is vital to dissolve and dissuade cartels and the wider policy implications …

The EU Leniency Programme (LP) aims to encourage the dissolution of existing cartels and the deterrence of future … cartels, through spontaneous reporting and/or significant cooperation by cartel members during an investigation. However, the …

. The book also examines issues such as the industries in which collusion is more likely to occur; the effect of cartels and … constraints on the exercise of merger and antitrust policies. …