IDEAS home Printed from https://ideas.repec.org/p/sek/iacpro/6709856.html
   My bibliography  Save this paper

Optimal leniency programe for cartel abuses - an US and European perspective

Author

Listed:
  • Aleksander Maziarz

    (Kozminski University)

Abstract

Leniency is a program which gives immunity from fines or reduction of fines in cartel cases for those companies which decide to cooperate with antitrust agencies. The leniency program significantly reduces the difficulties, time and administrative costs of evidence of cartel violations, as the antitrust bodies receives assistance through leniency applications and further cooperation of cartel participant during the administrative procedure. Thanks to this, the antitrust bodies can detect and punish more cartels focusing on other abuses.Recently leniency programs are being misused because the same companies apply for leniency many times without being punished. Therefore, the program needs changes. The paper analyses US and European leniency programs and tries to find optimal solution for elimination of misuse of leniency.

Suggested Citation

  • Aleksander Maziarz, 2018. "Optimal leniency programe for cartel abuses - an US and European perspective," Proceedings of International Academic Conferences 6709856, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:6709856
    as

    Download full text from publisher

    File URL: https://iises.net/proceedings/41st-international-academic-conference-venice/table-of-content/detail?cid=67&iid=023&rid=9856
    File Function: First version, 2018
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    cartel; restrictive agreement; leniency; immunity form fines;
    All these keywords.

    JEL classification:

    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sek:iacpro:6709856. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klara Cermakova (email available below). General contact details of provider: https://iises.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.