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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/10011316390
The duration of appellate court proceedings is an important determinant of the efficiency of a court system. We use data of 234 firm groups that participated in 63 cartels convicted by the European Commission between 2000 and 2012 to investigate the determinants of the duration of the subsequent...
Persistent link: https://www.econbiz.de/10010405065
The appeals process – whereby the losing party of an administrative or judicial decision can seek reconsideration of their arguments before a higher institution – is an important mechanism to correct legal errors and to improve existing laws and regulations. We use data of 467 firm groups...
Persistent link: https://www.econbiz.de/10010405992
Cartel practices attract enormous corporate fines, even where they only involve a handful of employees. Internal … lengths to avoid detection and are usually senior managers. Moreover, compliance programmes do not mitigate cartel fines …
Persistent link: https://www.econbiz.de/10013134545
of applications to the European Commission for a reduction of a cartel fine due to an enterprise's "inability to pay …
Persistent link: https://www.econbiz.de/10013118303
Justice has great latitude in recommending corporate cartel fines to the federal courts, and its recommendations are nearly … direct test of the optimal deterrence theory of antitrust crimes. Regressions are fitted to a sample of the corporations that …-deterrence model is quite good. We find that U.S. corporate cartel fines are strongly directly related to economic injuries from …
Persistent link: https://www.econbiz.de/10013085647
This paper incorporates the economic theory of organizations into the framework of public law enforcement, and … characterizes the dual-coalition structure of cartel organization that allows us to highlight the strategic interactions between … cartel participants under different antitrust policies. We show that delegation of authorities over collusive decisions from …
Persistent link: https://www.econbiz.de/10012725714
In 2013, a federal district court found that Apple had orchestrated a cartel agreement involving it and five major book …
Persistent link: https://www.econbiz.de/10012951059
This comment examines trends in anti-cartel enforcement by the Antitrust Division of the U.S. Department of Justice … illegal) cartel conduct and the imposition of penalties imposed under Section 1 of the Sherman Act. Among the performance … indicators examined are three measures of cartel-enforcement success chosen to be highlighted by Assistant Attorney General for …
Persistent link: https://www.econbiz.de/10012866244
Given the immense social, economic and personal damage caused by the covering-up of crimes by Irish institutions, there is a remarkable reluctance in Irish society to provide systematic protection to whistle-blowers and persons willing to come forward to ensure offences are investigated by the...
Persistent link: https://www.econbiz.de/10013017826