Arbeitspapier
The Distortive Effects of Antitrust Fines Based on Revenue
In most jurisdictions, antitrust fines are based on affected commerce rather than on collusive profits, and in some others, caps on fines are introduced based on total firm sales rather than on affected commerce. We uncover a number of distortions that these policies generate, propose simple models to characterize their comparative static properties, and quantify them with simulations based on market data. We conclude by discussing the obvious need to depart from these distortive rules-of-thumb that appear to have the potential to substantially reduce social welfare.
- Sprache
-
Englisch
- Erschienen in
-
Series: SITE Working Paper ; No. 22
- Klassifikation
-
Wirtschaft
Antitrust Law
Antitrust Issues and Policies: General
- Thema
-
Antitrust
Deterrence
Fines
Law Enforcement
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Spagnolo, Giancarlo
Bageri, Vasiliki
Katsoulacos, Yannis
- Ereignis
-
Veröffentlichung
- (wer)
-
Stockholm School of Economics, Stockholm Institute of Transition Economics (SITE)
- (wo)
-
Stockholm
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Spagnolo, Giancarlo
- Bageri, Vasiliki
- Katsoulacos, Yannis
- Stockholm School of Economics, Stockholm Institute of Transition Economics (SITE)
Entstanden
- 2012
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