While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U.S. antitrust cartel prosecutions during the period...

While the general principle that fines for antitrust violations be set at deterrent levels is well established in prevailing Guidelines on Fines, how these principles are to be interpreted in specific cases is not even considered, or at most only non-operational indications are provided. This...

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...