Motchenkova, E.; Laan, R. - Tilburg University, Center for Economic Research - 2005
This paper studies the effects of leniency programs on the behavior of firms participating in illegal cartel agreements ….Moreover, following the rules of existing Leniency Programs, we analyze the effects of the strictness of the Leniency Programs, which … results are that, first, leniency programs work better for small (less diversified) companies, in the sense that a lower rate …