On the design of leniency programs
Web30 de jan. de 2008 · Abstract. This paper incorporates the economic theory of organizations into the framework of public law enforcement, and characterizes the dual-coalition structure of cartel organization that allows us to highlight the strategic interactions between cartel participants under different antitrust policies. We show that delegation of authorities ... Web11 de mar. de 2008 · Footnote 6 The main results are: (i) leniency programs may help in enforcing the law as they increase the probability to cheat on the partner; (ii) the design of such regulations is important, as it influences the classical trade-off between long-term reward (staying in the cartel and benefit), and short-term reward (defect from the cartel …
On the design of leniency programs
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WebWe develop a simple framework for analyzing the optimal design of leniency programs, which allow cartel members to denounce their collusive agreements. … WebCiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): We develop a simple framework for analyzing the optimal design of leniency programs, which allow cartel members to denounce their collusive agreements. We highlight a basic trade-off between two opposite forces: leniency can destabilize cartels, by encouraging firms to …
WebLENIENCY PROGRAM GUIDELINES (Under Section 89A of the Competition Act No 12 of 2010) Glossary of terms Conditional Leniency: This is provisional immunity granted in … http://acle.uva.nl/binaries/content/assets/subsites/amsterdam-center-for-law--economics/cr-meetings/2009/paper_chen.pdf
Web12 de abr. de 2024 · In the final rule titled “Medicare Program; Contract Year 2024 Policy and Technical Changes to the Medicare Advantage Program, Medicare Prescription Drug Benefit Program, and Medicare Cost Plan Program” which appeared in the Federal Register on June 2, 2024 (85 FR 33796) (hereinafter referred to as the June 2024 final … WebOne of the main tasks of antitrust authorities is to ght cartels. Leniency programs can help. In such programs, an Antitrust Authority (AA henceforth) oers a ne reduction to rms that …
WebAbstract Leniency programs contribute to destabilizing collusion but can also be abused and generate perverse effects. This paper develops a simple model capturing this trade …
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