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The fight against cartels is a priority for antitrust authorities on both sides of the Atlantic. What differs between the EU and the US is not the basic toolkit for achieving deterrence, but to whom it is targeted. In the EU, pecuniary sanctions against the firm are the only instruments...
Persistent link: https://www.econbiz.de/10013074460
procedural efficiency of cartel enforcement in the European Union (EU). We use a data set consisting of 84 cartels decided by the … EC from 2000 to 2014 to empirically investigate the impact of the EU settlement procedure on the duration of cartel … cartel enforcement in the European Union substantially …
Persistent link: https://www.econbiz.de/10013015070
The focus of cartel damages law is on the recovery of the cartel overcharge. Parties other than purchasers are often … standing—which excludes parties that supply either the cartel or the firms that purchase from the cartel with complementary … allocation and the distribution of surpluses depend on whether producers of complements purchase from the cartel or supply the …
Persistent link: https://www.econbiz.de/10012963485
Evaluates the criminal cartel offence under the Enterprise Act 2002, both as originally enacted and following the …
Persistent link: https://www.econbiz.de/10013000263
broad trends in cartel enforcement across the European Union today, many national competition authorities …
Persistent link: https://www.econbiz.de/10013001654
results demonstrate the significance of five categories of explanatory factors: market structure, internal cartel organization … with previous cartel duration studies, industry concentration and market share have positive effects on cartel duration …. Contrary to former findings, the present analysis exhibits a positive relationship between economic downturns and cartel …
Persistent link: https://www.econbiz.de/10012723768
The issue of fighting cartel-behaviour in the European Community has been continually addressed both by the European … of their effectiveness, and efficiency. By way of viewing select EU Member States anti-cartel provisions, and comparing … reviewed. At the Conclusion of this debate, it will be argued that an effective anti-cartel regime must consist of a severe …
Persistent link: https://www.econbiz.de/10012728774
analysis of 30 fully reported cartel decisions, and appeals against many of these, the paper looks at how fines are calculated …
Persistent link: https://www.econbiz.de/10012779674
This article discusses whether cartel damages claims are arbitrable under EU law. Although it is settled that most … of Justice in Cartel Damage Claims (CDC) Hydrogen Peroxide SA v Akzo Nobel NV (CDC) raise the question as to whether … cartel damages claims fall within arbitration clauses entered into at a time when the claimant did not have knowledge of the …
Persistent link: https://www.econbiz.de/10012898141
Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments reveal important insights on individuals acting as firms,...
Persistent link: https://www.econbiz.de/10012938866