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Criminal Penalties under the Sherman Act: A Study of Law and Economics
Kenneth Glenn Dau-Schmidt Indiana University-Bloomington, Maurer School of Law Joseph Gallo University of Cincinnati - McMicken College of Arts and Sciences - Department of Economics Charles Parker University of Cincinnati, Deptment of Applied Sciences Joseph Craycraft University of Cincinnati - McMicken College of Arts and Sciences - Department of Economics Research in Law and Economics (Book Series), Vol. 16, p. 25, 1994 Abstract: This paper presents an empirical analysis of criminal antitrust prosecutions undertaken by the Department of Justice during the period 1955-1993. The authors report data on the number of criminal cases, the type of offense alleged, whether the defendants were individuals or firms, the position individual defendants held in their firm, the Department of Justice's won/lost record and the nature and amount of any sanctions imposed. A brief discussion of whether the reported sanctions have been adequate to promote efficient deterrence is also presented.
Keywords: antitrust, criminal, penalties, empirical, law and economics JEL Classifications: K14, K21, K42, L40, L51 Accepted Paper SeriesDate posted: April 28, 2005 ; Last revised: April 28, 2005Suggested CitationContact Information
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