Global cartels, leniency programs and international antitrust cooperation

Arbeitspapier

In this paper we analyze cartel formation and self-reporting incentives when firms operate in several geographical markets and face antitrust enforcement in different jurisdictions. We are concerned with the effectiveness of leniency programs and the benefits of international antitrust cooperation between agencies. When international antitrust prosecution is uncoordinated, multi-market contact allows firms to reduce the amount of self-reporting in equilibrium and sustain cartels more effectively. We then discuss the effects of information sharing among antitrust authorities as a function of how much and which type of information is exchanged. We show that extensive information sharing might have an adverse effect on self-reporting by cartel members.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 3005

Classification and Topics

• Classification: Wirtschaft ; Oligopoly and Other Imperfect Markets ; Monopolization; Horizontal Anticompetitive Practices ; Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection
• Subject: cartel formation ; multi-market contact ; leniency programs ; international antitrust cooperation ; Konzentrationspolitik ; Internationale wirtschaftspolitische Koordination ; Informationsaustausch ; Kartell ; Straffreiheit ; Ökonomischer Anreiz ; Gleichgewicht ; Theorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Choi, Jay Pil ; Gerlach, Heiko A.
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2010

Further information

• Handle: http://hdl.handle.net/10419/39020
• Last update: 10.03.2025, 11:45 AM CET