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Leniency programs and cartel prosecution

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  • Motta, Massimo
  • Polo, Michele

Abstract

We study the enforcement of competition policy against collusion under Leniency Programs, which gave reduced fines to firms revealing information ot the Antitrust Authority. Such programs give firms an incentive to break collusion, but may also have a pro-collusive effect, since they decrease the expected cost of misbehaviour.
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  • Motta, Massimo & Polo, Michele, 2003. "Leniency programs and cartel prosecution," International Journal of Industrial Organization, Elsevier, vol. 21(3), pages 347-379, March.
    • Handle: RePEc:eee:indorg:v:21:y:2003:i:3:p:347-379
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    More about this item

    JEL classification:

    • L44 - Industrial Organization - - Antitrust Issues and Policies - - - Antitrust Policy and Public Enterprise, Nonprofit Institutions, and Professional Organizations
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General

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