CPI Asia Column edited by Vanessa Yanhua Zhang (Global Economics Group) present: Cartel Leniency in Hong Kong By Sébastien J Evrard, Virginia Newmann and Scott D. Hammond (Gibson, Dunn & Crutcher)1 Click here for a pdf version of this article. This contribution provides an overview of the leniency framework for cartel conduct in Hong Kong. It […]
Posted by Social Science Research Network Serial Collusion by Multi-Product Firms By William E. Kovacic, Robert C. Marshall & Michael J. Meurer We provide empirical evidence that many multi-product firms have each participated in several cartels over the past 50 years. Standard analysis of cartel conduct, as well as enforcement policy, is rooted in the presumption that each […]
July 2018 A Call to Arms to Protect Latin American Leniency Programs – Carlos Mena-Labarthe, Jaime Barahona, Vinicius Marques de Carvalho and Eduardo Frade1 Click here for a PDF version of the article In a recent article published by Competition Policy International2, we commented on a monumental competition matter pending before a regional international […]
Posted by Social Science Research Network The Rise and (Potential) Fall of US Cartel Enforcement By Vivek Ghosal (Rensselaer Polytechnic Institute) & D. Daniel Sokol (University of Florida) Government enforcement against collusion, now viewed by the Supreme Court as the “supreme evil” in antitrust, has gone through various phases of enforcement. There have been periods in […]
By Carlos Mena-Labarthe, Jaime Barahona U, Vinicius Marques de Carvalho and Eduardo Frade1 Click here for a PDF version of the article April 23, 2018 may mark the end of an era for leniency programs in the Andean region. Even more, the date may herald an insurmountable harm to the leniency programs of the […]
Posted by Social Science Research Network Cartel Participation and Voluntary Disclosure By Ashiq Ali, Ningzhong Li, Xiaolu Zhou (University of Texas at Dallas) & Ailin Dong (Hong Kong University of Science & Technology) Abstract: This study examines the impact of a firm’s cartel participation on its voluntary disclosure. We find that firms reduce voluntary […]
Posted by Social Science Research Network The EU Competition Law Fining System: A Quantitative Review of the Commission Decisions between 2000 and 2017 By Damien Geradin (TILEC) & Katarzyna Sadrak (University of Heidelberg) Abstract: There is a large amount of legal and economic literature on the fining policy of the European Commission for […]
By Rachel Brandenburger, Logan Breed, Helen Bignall & Paul Castlo – This article considers the outlook for antitrust enforcement in the EU and the U.S. in the next few years, and how Brexit and the new U.S. administration under President Trump could impact that outlook. Antitrust policy and enforcement faces extraordinary challenges and uncertainties in […]
By Yeo Hui Chuan & Jaime Pang – The enforcement of competition law in Singapore has grown in scope and complexity in recent years, reflecting the development of the Competition Commission of Singapore from a nascent competition authority to one whose capabilities match the challenges posed by complex issues faced by other more experienced competition authorities. This […]
By Atsushi Yamada – This year, the Japan Fair Trade Commission celebrated the 10-year anniversary of the leniency system in Japan. As of March 2016, there had been a total 938 applications since the system’s introduction in January 2006. This article outlines a number of recent cartel enforcement developments in Japan.