Program of punishment weakening: relationship of performance and the market structure

Svetlana Avdasheva () and Veronika Simakova
Additional contact information
Veronika Simakova: NRU HSE

Ekonomicheskaya Politika / Economic Policy, 2009, vol. 1, 158-173

Abstract: Program of punishment weakening (hereinafter - PPW) is one of the most important innovations of the world of antitrust policy of the last twenty or thirty years. The main purpose of the introduction of this program - to increase the effectiveness of the fight against cartels. Historically, cartels are the main enemies of antitrust policy, which is not surprising - resulting in a significant increase in price (median price increases in a cartel, according to international studies - nearly 30%), cartels cause significant damage to customers. That damage from the actions of the cartels on the one hand, and the successful results of programs for the detection and destruction of the cartels, on the other hand, did an analysis of the PPW, an important area of research in modern microinstitutsional economy.

Keywords: punishment weakening program; microinstitutional economy; cartel; antitrust policy (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

Downloads: (external link)
https://repec.ranepa.ru/rnp/ecopol/0911.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rnp:ecopol:0911

Access Statistics for this article

Ekonomicheskaya Politika / Economic Policy is currently edited by Vladimir Mau

More articles in Ekonomicheskaya Politika / Economic Policy from Russian Presidential Academy of National Economy and Public Administration Contact information at EDIRC.
Bibliographic data for series maintained by RANEPA maintainer ().