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The paper analyses the role of injunctions in the private enforcement of competition law. Most commentators deal predominantly with damages actions and the European policy proposals only discuss the conditions for successful compensation claims. However, damages claims are likely to be the most...
Persistent link: https://www.econbiz.de/10013123977
Economic motives are not the only reasons for committing a (small) crime. People consider social norms and perceptions of fairness before judging a situation and acting upon it. If someone takes a bundle of printing paper from the office for private use at home, then a colleague who sees this...
Persistent link: https://www.econbiz.de/10013124022
In this book, Bakken puts together a collection of interesting essays on crime, policing and punishment in China, an area which has often been covered more by myth and rhetoric than rational discussion. A significant contribution of the book is its effort to de-mystify the Chinese criminal...
Persistent link: https://www.econbiz.de/10013124808
This article argues that the enforcement in England in Re New Cap Reinsurance Corporation of an Australian monetary judgment rendered under Australian insolvency law does not sit easily with the Foreign Judgments (Reciprocal Enforcement) Act 1933. This is because the Foreign Judgments...
Persistent link: https://www.econbiz.de/10013124820
British Master and Servant law made employee contract breach a criminal offense until 1875. We develop a contracting model generating equilibrium contract breach and prosecutions, then exploit exogenous changes in output prices to examine the effects of labor demand shocks on prosecutions....
Persistent link: https://www.econbiz.de/10013124857
This note discusses the conflicting decisions rendered by the UK Supreme Court and the Paris Court of Appeal in Dallah v. Pakistan. In this case, English courts denied recognition to an ICC arbitral award made in Paris for lack of jurisdiction of the arbitral tribunal over the Government of...
Persistent link: https://www.econbiz.de/10013125237
We provide an empirical assessment of EC cartel enforcement decisions between 2000 and 2011. Following an initial characterisation of our dataset, we especially investigate the determinants of the duration of cartel investigations. We are able to identify several key drivers of investigation...
Persistent link: https://www.econbiz.de/10013097696
national borders. Strict regulation reduces global loan supply and thus widens interest rate spreads. This is an externality … in the form of lax regulation. We show that each regulator's enforcement choice is affected by the relative country size … regulating a small market has only a small effect on global interest rates. As such, it may choose lax regulation to improve …
Persistent link: https://www.econbiz.de/10013098005
This paper is an attempt to explain the changes to finance sector reforms under the Dodd-Frank Act in the United States and Basel III requirements globally; their unintended consequences; and lessons for currently fast-growing emerging markets concerning finance sector reforms, government...
Persistent link: https://www.econbiz.de/10013098748
Persistent link: https://www.econbiz.de/10013100038