A PYMNTS Company

Public and Private Antitrust Enforcement for Cartels: Should there be a Common Approach to Sanctioning Based on the Overcharge Rate?

BY | October 16, 2018

By Yannis Katsoulacos, Evgenia Motchenkova & David Ulph In this article we discuss recent theoretical literature pointing to the ineffectiveness, in terms of welfare impact, of currently applied sanctioning regimes…

By Yannis Katsoulacos, Evgenia Motchenkova & David Ulph

In this article we discuss recent theoretical literature pointing to the ineffectiveness, in terms of welfare impact, of currently applied sanctioning regimes for cartels by Competition Authorities (CAs). We then, for the first time, provide a comparison of different regimes taking also into account criteria other than welfare, related to ease of implementation and transparency. We argue the case for switching to a penalty regime, in w

...
THIS ARTICLE IS NOT AVAILABLE FOR IP ADDRESS 3.238.180.174

Please verify email or join us to access premium content!