G2TT
来源类型Working Paper
规范类型工作论文
The dynamics of leniency application and the knock-on effect of cartel enforcement
Jun Zhou
发表日期2016-02-29
出版年2016
语种英语
概述This paper shows that antitrust investigation in a market increases leniency applications in related markets. The authors used a novel application of multi-spell discrete-time survival analysis for a sample of cartels prosecuted by the EC between 1996 and 2014.
摘要

Highlights

  • The authors study the timing of leniency applications using a novel application of multi-spell discrete-time survival analysis for a sample of cartels prosecuted by the European Commission between 1996 and 2014.
  • The start of a Commission investigation does not affect the rate by which conspirators apply for leniency in the market investigated, but increases the rate of application in separate markets in which a conspirator in the investigated market also engaged in collusion.
  • The revision of the Commission’s leniency programme in 2002 increased the rate of pre-investigation applications. Our results shed light on enforcement efforts against cartels and other forms of
主题Innovation & Competition Policy
关键词cartels
URLhttps://bruegel.org/2016/02/the-dynamics-of-leniency-application-and-the-knock-on-effect-of-cartel-enforcement/
来源智库Bruegel (Belgium)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/429543
推荐引用方式
GB/T 7714
Jun Zhou. The dynamics of leniency application and the knock-on effect of cartel enforcement. 2016.
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