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This paper investigates the effectiveness of the legal exception system (Council Regulation (EC) 1/2003) by running a …
Persistent link: https://www.econbiz.de/10014173163
requiring a higher CSR level by regulation while preserving competition always gives higher within-market welfare. …
Persistent link: https://www.econbiz.de/10012591411
facilitated. Thefocus here is on the case of a hardcore price cartel.Specific features of harm and damages in antitrust law are …
Persistent link: https://www.econbiz.de/10013099273
cartel fines in 10 Member States (Belgium, Bulgaria, Croatia, Finland, France, Germany, Italy, the Netherlands, Sweden and …
Persistent link: https://www.econbiz.de/10012868781
Persistent link: https://www.econbiz.de/10012966518
for the first firm(s) that self-report being part of a cartel and have become the main enforcement instrument used by … inducing firms to self-report or cooperate with a cartel investigation in exchange for a reduction in sanctions. Since they … convictions for the competition authority at the expense of reduced cartel deterrence and social welfare. Hence, it is vital for …
Persistent link: https://www.econbiz.de/10014124978
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
This paper investigates the effectiveness of the new Council Regulation (EC) 1/2003 which replaces the mandatory … firms fully obey the requirements of Art 81(3) EC Treaty and both error probabilities are zero. -- competition law ; cartel …
Persistent link: https://www.econbiz.de/10003875292
An antitrust authority deters collusion using fines and a leniency program. It chooses the probability of an investigation. Firms pick the degree of collusion: The more they collude, the higher are profits, but so is the probability of detection. Firms thus trade-off higher profits against...
Persistent link: https://www.econbiz.de/10012851094
legal approaches to cartel fining and the sometimes-conflicting objectives of restitution, deterrence, and proportionality … determine appropriate cartel fines, namely regarding cartel impact duration, but-for prices, and overcharges …
Persistent link: https://www.econbiz.de/10013252004