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Collusion in Industrial Economics and Optimally Designed Leniency Programmes - A Survey

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  • Panayiotis Agisilaou

    (Centre for Competition Policy and School of Economics, University of East Anglia)

Abstract

This paper provides a critical and systematic overview of the most influential contributions to the economics literature on collusion and leniency programmes in antitrust. It also reviews the literature on the economics of (generic) law enforcement, with a focus on self-reporting schemes, for crimes committed either by individuals or groups of individuals. The principal objective of the survey is to enhance our understanding of how leniency policies impact on cartel formation and sustainability.

Suggested Citation

  • Panayiotis Agisilaou, 2013. "Collusion in Industrial Economics and Optimally Designed Leniency Programmes - A Survey," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2013-03, Centre for Competition Policy, University of East Anglia, Norwich, UK..
    • Handle: RePEc:uea:ueaccp:2013_03
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    Keywords

    collusion; leniency programmes; optimal enforcement; cartel deterrence; antitrust policy; self-reporting;
    All these keywords.

    JEL classification:

    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices

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