Arbeitspapier
The appeals process: An empirical assessment
The appeals process - whereby the losing party of an administrative or judicial decision can seek reconsideration of their arguments before a higher institution - is an important mechanism to correct legal errors and to improve existing laws and regulations. We use data of 467 firm groups that participated in 88 cartels convicted by the European Commission between 2000 and 2012 to study both the characteristics of firm groups filing an appeal and the factors that determine their successfulness in terms of fine reduction. Applying discrete choice models and a two-stage hurdle model, we find that while some characteristics - such as the size and financial condition of the firm group or the clarity of fine guidelines - only affect the probability to file an appeal, other factors such as the size of the fine imposed in connection to characteristics as ringleader, repeat offender or leniency applicant influence both the probability and the success of an appeal. We take our empirical results to derive conclusions for both firms and public policy makers.
- Sprache
-
Englisch
- Erschienen in
-
Series: ZEW Discussion Papers ; No. 14-063
- Klassifikation
-
Wirtschaft
Antitrust Law
Litigation Process
Illegal Behavior and the Enforcement of Law
Monopolization; Horizontal Anticompetitive Practices
- Thema
-
Law and Economics
appeals
antitrust policy
cartels
European Union
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hüschelrath, Kai
Smuda, Florian
- Ereignis
-
Veröffentlichung
- (wer)
-
Zentrum für Europäische Wirtschaftsforschung (ZEW)
- (wo)
-
Mannheim
- (wann)
-
2014
- Handle
- URN
-
urn:nbn:de:bsz:180-madoc-370942
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hüschelrath, Kai
- Smuda, Florian
- Zentrum für Europäische Wirtschaftsforschung (ZEW)
Entstanden
- 2014
Ähnliche Objekte (12)
The appeals process : an empirical assessment
Settlements and appeals in the European Commission's cartel cases: An empirical assessment
Public Appeals and Collective Crisis Mitigation
Can Charitable Appeals Identify and Exploit Belief Heterogeneity?
Political bias in court? Lay judges and asylum appeals
Country Default Risk: An Empirical Assessment
Dependent wild bootstrap for the empirical process
EU merger remedies: a preliminary empirical assessment
Gun Laws and Crime: An Empirical Assessment
Who Collects Art? An International Empirical Assessment
An empirical assessment of global capital productivity
Frontloading the unemployment benefit: An empirical assessment
The appeals process : an empirical assessment
Settlements and appeals in the European Commission's cartel cases: An empirical assessment
Public Appeals and Collective Crisis Mitigation
Can Charitable Appeals Identify and Exploit Belief Heterogeneity?
Political bias in court? Lay judges and asylum appeals
Country Default Risk: An Empirical Assessment
Dependent wild bootstrap for the empirical process
EU merger remedies: a preliminary empirical assessment
Gun Laws and Crime: An Empirical Assessment
Who Collects Art? An International Empirical Assessment
An empirical assessment of global capital productivity
Frontloading the unemployment benefit: An empirical assessment
The appeals process : an empirical assessment
Settlements and appeals in the European Commission's cartel cases: An empirical assessment
Public Appeals and Collective Crisis Mitigation
Can Charitable Appeals Identify and Exploit Belief Heterogeneity?
Political bias in court? Lay judges and asylum appeals
Country Default Risk: An Empirical Assessment
Dependent wild bootstrap for the empirical process
EU merger remedies: a preliminary empirical assessment
Gun Laws and Crime: An Empirical Assessment
Who Collects Art? An International Empirical Assessment
An empirical assessment of global capital productivity