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Cartel reporting under passive common ownership

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  • Charistos, Konstantinos
  • Papadopoulos, Konstantinos G.

Abstract

We consider the effect of passive common ownership on the efficacy of leniency programs to disrupt and deter cartels. Besides reducing deterrence, passive common ownership restrains the incentives of firms to come forward and denounce the cartel and therefore further favors collusion.

Suggested Citation

  • Charistos, Konstantinos & Papadopoulos, Konstantinos G., 2022. "Cartel reporting under passive common ownership," Economics Letters, Elsevier, vol. 216(C).
    • Handle: RePEc:eee:ecolet:v:216:y:2022:i:c:s0165176522001859
    DOI: 10.1016/j.econlet.2022.110610
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    References listed on IDEAS

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    1. Zhijun Chen & Patrick Rey, 2013. "On the Design of Leniency Programs," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 917-957.
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    5. Hariskos, W. & Königstein, M. & Papadopoulos, K.G., 2022. "Anti-competitive effects of partial cross-ownership: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 193(C), pages 399-409.
    6. Motta, Massimo & Polo, Michele, 2003. "Leniency programs and cartel prosecution," International Journal of Industrial Organization, Elsevier, vol. 21(3), pages 347-379, March.
    7. Samuel Haas & Johannes Paha, 2021. "Non-Controlling Minority Shareholdings and Collusion," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 58(3), pages 431-454, May.
    8. Sven Heim & Kai Hüschelrath & Ulrich Laitenberger & Yossi Spiegel, 2022. "The Anticompetitive Effect of Minority Share Acquisitions: Evidence from the Introduction of National Leniency Programs," American Economic Journal: Microeconomics, American Economic Association, vol. 14(1), pages 366-410, February.
    9. repec:dau:papers:123456789/13637 is not listed on IDEAS
    10. Emons, Winand, 2020. "The effectiveness of leniency programs when firms choose the degree of collusion," International Journal of Industrial Organization, Elsevier, vol. 70(C).
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    Cited by:

    1. Isogai, Shigeki & Shen, Chaohai, 2023. "Multiproduct firm’s reputation and leniency program in multimarket collusion," Economic Modelling, Elsevier, vol. 125(C).

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