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Guiding Principles in Setting Cartel Sanctions (The Working Paper Version)

Author

Listed:
  • Marcel Boyer
  • Anne Catherine Faye
  • Éric Gravel
  • Rachidi Kotchoni

Abstract

We discuss various theoretical and empirical hurdles that antitrust authorities and courts must overcome to determine appropriate cartel sanctions, namely regarding the probability of detection, cartel dynamics, cartel duration, and cartel overcharge. Nous discutons les enjeux et embûches théoriques et empiriques auxquels les autorités de concurrence et les tribunaux font face pour sanctionner les cartels, à savoir la probabilité de détection, la dynamique de cartel, la durée de l’impact et le surprix.

Suggested Citation

  • Marcel Boyer & Anne Catherine Faye & Éric Gravel & Rachidi Kotchoni, 2019. "Guiding Principles in Setting Cartel Sanctions (The Working Paper Version)," CIRANO Working Papers 2019s-18, CIRANO.
    • Handle: RePEc:cir:cirwor:2019s-18
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    File URL: https://cirano.qc.ca/files/publications/2019s-18.pdf
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    References listed on IDEAS

    as
    1. Marcel Boyer & Thomas W. Ross & Ralph A. Winter, 2017. "The rise of economics in competition policy: A Canadian perspective," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 50(5), pages 1489-1524, December.
    2. Gary S. Becker, 1974. "Crime and Punishment: An Economic Approach," NBER Chapters, in: Essays in the Economics of Crime and Punishment, pages 1-54, National Bureau of Economic Research, Inc.
    3. Allain, Marie-Laure & Boyer, Marcel & Kotchoni, Rachidi & Ponssard, Jean-Pierre, 2015. "Are cartel fines optimal? Theory and evidence from the European Union," International Review of Law and Economics, Elsevier, vol. 42(C), pages 38-47.
    4. Marcel Boyer & Rachidi Kotchoni, 2015. "How Much Do Cartel Overcharge?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 47(2), pages 119-153, September.
    5. Kai Hüschelrath & Tobias Veith, 2016. "Cartelization, Cartel Breakdown, and Price Behavior: Evidence from the German Cement Industry," Journal of Industry, Competition and Trade, Springer, vol. 16(1), pages 81-100, March.
    6. Hüschelrath, Kai & Veith, Tobias, 2011. "The impact of cartelization on pricing dynamics: Evidence from the German cement industry," ZEW Discussion Papers 11-067, ZEW - Leibniz Centre for European Economic Research.
    7. Marcel Boyer & Anne-Cathérine Faye & Eric Gravel & Rachidi Kotchoni, 2018. "Challenges and Pitfalls in Cartel Fining," Post-Print hal-01825584, HAL.
    8. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 31(3), pages 129-137.
    9. Marie-Laure Allain & Marcel Boyer & Jean-Pierre Ponssard, 2011. "The determination of optimal fines in cartel cases: Theory and practice," Post-Print hal-00643945, HAL.
    10. Marie-Laure Allain & Marcel Boyer & Rachidi Kotchoni & Jean-Pierre Ponssard, 2011. "The Determination of Optimal Fines in Cartel Cases The Myth of Underdeterrence," Working Papers hal-00631432, HAL.
    11. Marcel Boyer & Rachidi Kotchoni, 2015. "How Much Do Cartel Overcharge? (The "Working Paper" Version)," CIRANO Working Papers 2015s-37, CIRANO.
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    More about this item

    Keywords

    Cartels; Fines; Competition Policy; Antitrust; Cartels; Amendes; Politique de concurrence; Antitrust;
    All these keywords.

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