The present assessment focuses the attention on the antitrust action in detecting and fighting oligopolistic collusion, analyzing the development of the innovative and modern leniency policy. Following the examination of the main conditions and reasons for cartel stability and sustainability, our attempt is to comprehend under which circumstances leniency program represents a functional and successful tool for preventing the formation of anti-competitive agreements. The problem statement that follows is therefore: how can Law&Economics approach help competition authorities to achieve and realize this form of enforcement?
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
14104.
Find related papers by JEL classification: L5 - Industrial Organization - - Regulation and Industrial Policy L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
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