Use this identifier to quote or link this document: http://hdl.handle.net/2072/179577

Evaluating antitrust leniency programs
Borrell, Joan-Ramon; Jiménez, Juan Luís; García, Carmen
Xarxa de Referència en Economia Aplicada (XREAP)
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.
2012-02-01
Economic policy
Industrial trusts
33 - Economia
338 - Situació econòmica. Política econòmica. Gestió, control i planificació de l'economia. Producció. Serveis. Turisme. Preus
Política Econòmica
Trusts industrials
L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by/3.0/es/
40 p.
Working Paper
Xarxa de Referència en Economia Aplicada (XREAP)
XREAP;2012-01
         

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