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Has the antitrust arsenal run out of novel theories or weapons? Think again. Recent scholarship has come to challenge conventional wisdom with the latest target of antitrust imagination being institutional investors, including diversified index funds. New economic research suggests that common...
Persistent link: https://www.econbiz.de/10012952957
The paper reports on results from a public survey on attitudes to collusion and cartel enforcement in Britain …
Persistent link: https://www.econbiz.de/10014049857
While the issuing of loans to companies is a core functionality of modern banking, the size, or risk, of a request can exceed the limits, or appetite, of a single bank giving ground for syndication where the funding comes from a collegium of lenders. This not only provides better risk...
Persistent link: https://www.econbiz.de/10013225982
Waste management has gradually become an issue of major economic importance. Many operators have developed economic activities, creating, in so doing, a host of markets. The application of competition law on such markets will be assessed in this contribution, regarding more especially the...
Persistent link: https://www.econbiz.de/10013119722
Many jurisdictions around the world are promoting private antitrust enforcement. However, currently, the dominant view is that private actions discourage leniency application, an important source for antitrust authorities to detect and combat cartels. Such a view hinders the development of...
Persistent link: https://www.econbiz.de/10014083247
cartel deterrence as a complement to corporate fines. Yet the first convictions resulted from a US plea bargain in 2008. This … paper identifies three obstacles to enhancing deterrence through the cartel offence. First, Norris v USA and a public survey …
Persistent link: https://www.econbiz.de/10014212405
Persistent link: https://www.econbiz.de/10013001423
We investigate the relationship between public and private enforcers introducing a more differentiated approach. In contrast to the existing literature, we take into account that the costs and benefits of detection and prosecution and, thus, the usefulness of each enforcement mode may change...
Persistent link: https://www.econbiz.de/10014156906
European Community law has played a pivotal role in opening to competition economic sectors previously under the control of public monopolies. As with other sectors such as telecommunications, air transport, electricity, gas, and rail, the postal sector has succumbed to the wave of...
Persistent link: https://www.econbiz.de/10014073491
Persistent link: https://www.econbiz.de/10012262243