Few would deny that the European Commission has an impressive track record with respect to anti-cartel enforcement. At … responsible for their companies’ cartel activity. This article argues that, in order to achieve the deterrence of cartel activity …-level cartel prohibition. Although such sanctions have a drawback in terms of their vulnerability to indemnification, the …

This paper undertakes a statistical analysis of the fines imposed on 168 firms in 22 cartels prosecuted by European … often redacted key information on the fining procedure.This is a companion paper to the updated assessment of cartel …

of applications to the European Commission for a reduction of a cartel fine due to an enterprise's "inability to pay …

Cartels are illegal in India, as they are almost everywhere. They are subject to heavy fines. Why, then, do businesses … frequently try to fix prices? Because doing so usually is profitable. On average cartels raise prices by more than 20%, and … probably face less than a 25% chance of being caught and convicted. Based upon a sample of 75 international cartels, the …

Justice has great latitude in recommending corporate cartel fines to the federal courts, and its recommendations are nearly … Antitrust Division of the DOJ on 118 corporate participants of hard-core global cartels. Our behavioral model provides the first … direct test of the optimal deterrence theory of antitrust crimes. Regressions are fitted to a sample of the corporations that …