To cite this record: http://ddd.uab.cat/record/98111
Evaluating antitrust leniency programs
Borrell, Joan-Ramon
Jiménez, Juan Luís
García, Carmen
Xarxa de Referència en Economia Aplicada (XREAP)

Imprint: Xarxa de Referència en Economia Aplicada (XREAP) 2012
Description: 40 p.
Series: XREAP ; 2012-01
Abstract: This paper identifies and then quantifies econometrically the impact of leniency programs on the perception of the effectiveness of antitrust policies using country level panel data for a 10-year span. Leniency programs have been introduced gradually in antitrust legislation across the globe to fight more effectively against cartels. We use the dynamics of the diffusion of such policy innovation across countries and over time to evaluate the impact of the program. We find that leniency programs have had a significant impact on the perception among the business community of the effectiveness of each country‟s antitrust policy. Leniency programs have become weapons of mass dissuasion in the hands of antitrust enforcers against the more damaging forms of explicit collusion among rival firms in the market place.
Rights: L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: Creative Commons
Language: Anglès.
Document: workingPaper
Subject: Economic policy ; Industrial trusts ; Política Econòmica ; Trusts industrials

Adreça alternativa: http://hdl.handle.net/2072/179577


40 p, 565.4 KB

The record appears in these collections:
Research literature > Studies

 Record created 2012-08-31, last modified 2014-05-29



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