Economics, Econometrics and Finance
3 years ago

Leniency programs crucial in cracking down on harmful cartels worldwide.

SSRN Electronic Journal
Legal and Economic Analysis of Cartels, Their Enforcement and The Leniency Program
Rastislav Funta

Paper Summary

Cartels are serious anti-competitive agreements between competitors. Leniency programs are crucial for detecting and stopping these harmful practices. The EU and US have similar leniency programs, but also some differences. This paper provides a detailed analysis of how cartel laws are enforced in both regions.

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