EconPapers    
Economics at your fingertips  
 

Leniency Programs for Multimarket Firms: The Effect of Amnesty Plus on Cartel Formation

Yassine Lefouili () and Catherine Roux
Additional contact information
Yassine Lefouili: CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: We examine the effect of the Amnesty Plus policy on firms' incentives to engage in cartel activities. Amnesty Plus is a proactive antitrust enforcement strategy aimed at attracting amnesty applications by encouraging firms already convicted in one market to report collusive agreements in other markets. It has been heavily advertised that Amnesty Plus weakens cartel stability. We show to the contrary that Amnesty Plus does not always have this desirable effect. Only under specific conditions, Amnesty Plus deters a cartel which would have been sustainable under an antitrust policy without Amnesty Plus. Otherwise, Amnesty Plus is either neutral or even stabilizes a cartel. We also show that the firms can exploit their multimarket contact to reduce the effectiveness of the Amnesty Plus policy.

Date: 2008-04
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Published in 4th EBIM Workshop, Apr 2008, Paris, France

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Leniency programs for multimarket firms: The effect of Amnesty Plus on cartel formation (2012) Downloads
Working Paper: Leniency programs for multimarket firms: The effect of Amnesty Plus on cartel formation (2010) Downloads
Working Paper: Leniency Programs for Multimarket Firms: The Effect of Amnesty Plus on Cartel Formation (2008)
Working Paper: Leniency Programs for Multimarket Firms: The Effect of Amnesty Plus on Cartel Formation (2008)
Working Paper: Leniency Programs for Multimarket Firms: The Effect of Amnesty Plus on Cartel Formation (2008)
Working Paper: Leniency Programs for Multimarket Firms: The Effect of Amnesty Plus on Cartel Formation (2008) Downloads
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:hal:cesptp:hal-00318314

Access Statistics for this paper

More papers in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2024-03-31
Handle: RePEc:hal:cesptp:hal-00318314