Fighting multi-market cartels: an experimental comparison of the american and european leniency programs
Lutte contre les cartels multimarchés: une comparaison expérimentale des programmes de clémence américain et européen
Karine Brisset (),
Eve-Angeline Lambert and
Francois Cochard ()
Additional contact information
Karine Brisset: CRESE - Centre de REcherches sur les Stratégies Economiques (UR 3190) - UFC - Université de Franche-Comté - UBFC - Université Bourgogne Franche-Comté [COMUE]
Francois Cochard: CRESE - Centre de REcherches sur les Stratégies Economiques (UR 3190) - UFC - Université de Franche-Comté - UBFC - Université Bourgogne Franche-Comté [COMUE]
Post-Print from HAL
Abstract:
This laboratory experiment compares the American and the European leniency programs to fight multimarket cartels. Leniency means that a firm, member of an illicit cartel, may obtain partial or full immunity if it cooperates and brings the evidence to a competition authority about this cartel and the implication of other firms. The US strengthened leniency programs for cartel in multimarket settings (Amnesty Plus program) in order to give incentives to members of a first cartel previously convicted to reveal their membership in cartels on other markets. With regard to the European program, Amnesty Plus may encourage the cartels' formation, as it reduces the expected cost from conviction. Our results do not confirm this procollusive effect and show that the incentive to report is significantly higher under Amnesty Plus, both before and after a first cartel has been detected.
Keywords: Antitrust; Multimarket cartels; Leniency programs; Amnesty Plus; Price competition with differentiated products; Cartels multimarchés; Programmes de clémence; Concurrence en prix avec biens différenciés (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:
Published in Revue Economique, 2019, 70 (6), pp.1171-1185. ⟨10.3917/reco.706.1171⟩
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
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:hal:journl:hal-03282280
DOI: 10.3917/reco.706.1171
Access Statistics for this paper
More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().