This special issue marks the 25th anniversary of the introduction of a leniency program for antitrust in the EU and … theoretical, empirical, and experimental literature on corporate leniency programs for antitrust. …

Due to being much better documented, legal cartels have recently attracted the interest of many researchers who aim to … understand the functioning of illegal cartels in detail. This paper contributes to the question of what we can learn from legal … cartels by taking a closer look at the cement industry which has a rich history of both legal and illegal cartels. We …

cartels, including revenue-based penalties, the most widely used regime. We showed that for a typical industry overcharge … which the penalty base is the revenue of the cartel but the penalty rate increases in a systematic way with the cartel …

We provide a comprehensive quantitative assessment of cartels and the related cartel enforcement process in the … European Union (EU) from 2001 to 2015. In a first step, we present a detailed characterization of all cartel cases decided by … the European Commission (EC) with respect to various criteria such as the number of involved firm groups, cartel market …