Showing 1 - 10 of 672,642
common beliefs and the existing literature, that conspirators often apply for leniency long after a cartel collapses. We …
Persistent link: https://www.econbiz.de/10009685867
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...
Persistent link: https://www.econbiz.de/10011435719
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...
Persistent link: https://www.econbiz.de/10012159842
While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political ….S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing … penalties related to fines and jail terms. There appear to be four distinct cartel policy regimes: pre-1978, 1978-1992, 1993 …
Persistent link: https://www.econbiz.de/10011346282
cartel investigations can obtain immunity from fines or a reduction of fines. Leniency plays a prominent role in EU cartel …
Persistent link: https://www.econbiz.de/10014126878
development of the innovative and modern leniency policy. Following the examination of the main conditions and reasons for cartel …
Persistent link: https://www.econbiz.de/10012716596
detecting and deterring cartels. As a supplementary analysis, the US leniency is studied. I discuss a dynamic model of cartel … formation and dissolution to illustrate how changes in antitrust policies and economic conditions might affect cartel duration … heterogeneity of cartels and the time-varying policy impacts suggested by theory. Contrary to earlier studies, my statistical tests …
Persistent link: https://www.econbiz.de/10013008337
detecting and deterring cartels. As a supplementary analysis, the US leniency is studied. I discuss a dynamic model of cartel … formation and dissolution to illustrate how changes in antitrust policies and economic conditions might affect cartel duration … heterogeneity of cartels and the time-varying policy impacts suggested by theory. Contrary to earlier studies, my statistical tests …
Persistent link: https://www.econbiz.de/10014184217
Leniency Programs. Damage actions may reduce the attractiveness of Leniency Programs for cartel participants if their … cooperation with the competition authority increases the chance that the cartel’s victims will bring a successful suit. A long … analysis shows such compromise is not required: limiting the cartel victims’ ability to recover their loss is not necessary to …
Persistent link: https://www.econbiz.de/10014137919
-depth legal & economic analysis of cartel law enforcement on both sides of the Atlantic …
Persistent link: https://www.econbiz.de/10012943501