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Prosecution of the retail gasoline price-fixing cartel in Québec was the largest and most successful criminal investigation in the history of the Competition Bureau of Canada. In June 2008 the first charges were brought against 38 individuals and 14 companies under Section 45 of the pre-2010...
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The determination of optimal fines to deter the formation or continuation of cartels is a major objective of competition policy. Several recent publications have suggested that the recent fines imposed by the European Commission are too low to be dissuasive and should therefore be substantially...
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Deterring the formation or continuation of cartels is a major objective of antitrust policy. We develop a dynamic framework to characterize the compensation and deterrence properties of fines, based on the fact that cartel stability depends on the ability to prevent deviation, which itself...
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