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in the cartelized market. Our results have important implications for an effective prosecution of anti-cartel law …
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We study the timing of leniency applications using a novel application of multi-spell discrete-time survival analysis for a sample of cartels prosecuted by the European Commission between 1996 and 2014. The start of a Commission investigation does not affect the rate by which conspirators apply...
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In the wake of the successful implementation of leniency programs in and across the EU other instruments of cartel … objections, a necessary procedural step before taking a decision in cartel cases, roughly 213 of which were based on leniency … balanced tool set for cartel detection including economic methods.The paper is structured in the following way. Section 2 …
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