The impact of leniency and whistle-blowing programs on cartels
نویسندگان
چکیده
منابع مشابه
The Impact of Leniency Programs on Cartels
Antitrust authorities have set up leniency programs for firms that denounce collusive agreements in which they have participated. These programs, by inducing reports on collusive agreements, allow to fine participants and can thereby eventually deter collusion. We analyze the impact of reduced fines and positive rewards on the behavior of firms. We propose the use of whistle-blowing mechanisms,...
متن کاملThe Impact of Leniency and Whistleblowing Programs on Cartels∗
Antitrust authorities have set up leniency programs for cartel members that denounce their collusive agreements. These programs help prosecute participants and can thereby deter collusion. We compare the impact of reduced fines and positive rewards and argue that rewarding individuals, including firm employees, can deter collusion in a more effective way. We discuss possible adverse effects of ...
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In this paper we analyze cartel formation and self-reporting incentives when firms operate in several geographical markets and face antitrust enforcement in different jurisdictions. We are concerned with the effectiveness of leniency programs and the benefits of international antitrust cooperation between agencies. When international antitrust prosecution is uncoordinated, multi-market contact ...
متن کاملBlowing the Whistle
Leniency clauses, offering cartelists legal immunity if they blow the whistle on each other, is a recent anti-trust innovation. The authorities wish to thwart cartels and promote competition. This effect is not evident, however; whistle-blowing may enforce trust and collusion by providing a tool for cartelists to punish each other. We examine the impact of leniency law, and other rules, theoret...
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ژورنال
عنوان ژورنال: International Journal of Industrial Organization
سال: 2006
ISSN: 0167-7187
DOI: 10.1016/j.ijindorg.2006.04.002