Web1 de nov. de 2013 · The Journal of Law and Economics. Leniency programs contribute to destabilizing collusion but can also be abused and generate perverse effects. This paper … WebKeywords Antitrust · Cartels · Experiment · Leniency program JEL Classication C92 · L41 1 Introduction One of the main tasks of antitrust authorities is to ght cartels. Leniency programs can help. In such programs, an Antitrust Authority (AA henceforth) oers a ne reduction to rms that report a cartel.
leniency programme Definition Law Insider
Web11 de mar. de 2008 · Footnote 6 The main results are: (i) leniency programs may help in enforcing the law as they increase the probability to cheat on the partner; (ii) the design of such regulations is important, as it influences the classical trade-off between long-term reward (staying in the cartel and benefit), and short-term reward (defect from the cartel … Webleniency program is a general rule that is applied to various markets in a country, our result implies that the design of a leniency program depends on which kinds of market structure are prevalent in the country. Keywords Leniency program • Collusion • Law enforcement • Antitrust • Repeated games JEL Classification K21 K42 L41 1 ... crypto explained simple
Challenges and co-ordination of leniency programmes - OECD
WebLeniency Programs 919 leniency should be offered, so as to balance the conflicting effects on collusion. This paper develops a simple model to analyze this trade-off. To study the effectiveness of leniency programs, we account for the heterogeneity of collusion stakes … WebBreaking Move is Hard to Perform: Design of Cartel Duration. Steeds School of Corporate Paper Not. 1150. 51 Pages Posted: 16 Sep 2010. See all articles by Marie C. Levenstein Margaret C. Levenstein. Web1 de nov. de 2006 · Leniency programs reduce the fines for cartel members that bring evidence to the antitrust authority, and their impact can be seen in the recent increase in successfully prosecuted cartels. For example, its Amnesty program allowed the Antitrust Division to secure more fines in 1999 only, than the total sum of fines imposed under the … cryptographic operators windows 10