Impact of Cartel Enforcement on Compliance in the Chemical Industry

Andreas Stephan
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Andreas Stephan: Centre for Competition Policy and School of Law, University of East Anglia

No 2022-03, Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) from Centre for Competition Policy, University of East Anglia, Norwich, UK.

Abstract: This paper undertakes a qualitative analysis of the relationship between EU cartel enforcement in the chemical industry in the period 1997-2010 and compliance measures announced in the Annual Reports of the undertakings involved. It goes on to focus on Akzo Nobel NV’s unique use of an internal amnesty programme, and the level of compliance in the industry following this period of enforcement. Its findings are consistent with cartel enforcement prompting significant investment in compliance measures, with some evidence of those measures resulting in the earlier reporting of cartels in return for leniency and in enforcement action against only one hard core cartel in the decade that followed.

Keywords: Cartels; compliance (search for similar items in EconPapers)
Date: 2022-07-08
New Economics Papers: this item is included in nep-com, nep-law and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:uea:ueaccp:2022_03

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