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Leniency Programs and Cartel Prosecution

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  • Motta, M.
  • Polo, M.

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.

Suggested Citation

  • Motta, M. & Polo, M., 1999. "Leniency Programs and Cartel Prosecution," Economics Working Papers eco99/23, European University Institute.
  • Handle: RePEc:eui:euiwps:eco99/23
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    References listed on IDEAS

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    More about this item

    Keywords

    COMPETITION ; MARKET STRUCTURE ; ANTITRUST LEGISLATION;
    All these keywords.

    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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