Recidivism in EU Antitrust Enforcement: A Legal and Economic Analysis
Wouter P. J. Wils
King's College London – The Dickson Poon School of Law; European Commission
October 31, 2011
World Competition: Law and Economics Review, Vol. 35, No. 1, March 2012
Recidivism has in the last few years attracted much attention and controversy in the context of EU antitrust enforcement. The treatment of recidivism by the European Commission and the EU Courts has often been criticized, and the observed incidence of recidivism has led to some questioning of the overall effectiveness of EU antitrust enforcement. This paper first clarifies the concept of recidivism and then analyses the treatment of recidivism as an aggravating circumstance in setting the amount of fines, the interplay between recidivism and leniency, and the difficulty of drawing conclusions as to the overall effectiveness of EU antitrust enforcement from the observed incidence of recidivism.
Number of Pages in PDF File: 24
Keywords: EU, competition law, antitrust enforcement, fines, recidivism, leniency
JEL Classification: K14, K21, K40, K42, L40Accepted Paper Series
Date posted: November 9, 2011 ; Last revised: November 27, 2013
© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo5 in 0.344 seconds