Survey of Public Attitudes to Price-Fixing and Cartel Enforcement in Britain
University of East Anglia (UEA) - Centre for Competition Policy
May 1, 2007
CCP Working Paper No. 07-12
Comp. Law Review, Vol. 5, No. 1, pp. 123-145, 2008
The paper reports on results from a public survey on attitudes to collusion and cartel enforcement in Britain. Respondents demonstrate an understanding that price-fixing is harmful and should be punished. While there is strong support for high corporate fines and naming and shaming, only 1 in 10 Britons think individuals responsible should be imprisoned. Weak perceptions of the severity of price-fixing are confirmed by only 6 in 10 people considering such practices to be dishonest. Sex and age strongly influence attitudes. Education and newspaper readership have less of an effect, indicating poor information dissemination. Only 20% would report their employer's involvement in price-fixing without guarantees of anonymity and/or a reward: 14% would not report at all for fear of consequences. Public opinion is divided as to whether leniency programmes are justifiable. Respondents consider public enforcement to be more important that compensating parties injured by cartels.
Number of Pages in PDF File: 31
Keywords: Cartels, public survey, enforcement, UK cartel offence, leniency, private enforcement, competition law
JEL Classification: K21, K24, L13, L41
Date posted: June 18, 2007 ; Last revised: December 18, 2009
© 2016 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollobot1 in 0.187 seconds