OECD-Inspired Reform: The Case of Corporate Fines for Cartel Conduct
in N Charbit and E Ramundo (eds), Frédéric Jenny: Standing Up for Convergence and Relevance in Antitrust, Liber Amircorm, Volume I, Institute of Competition Law, Concurrences (2018), 221-241
24 Pages Posted: 25 Jun 2019
Date Written: 2018
Abstract
One of the legacies of Frederic Jenny’s outstanding stewardship of the Organisation for Economic Cooperation and Development’s (OECD) competition program over almost three decades will be the impact it has had on strengthening the approach taken to anti-cartel enforcement around the world. Within four years of his taking the helm, the OECD issued its influential recommendation calling on member countries to “halt and deter hard core cartels” by ensuring that their laws provide for “effective sanctions, of a kind and at a level adequate to deter firms and individuals” from cartel participation.
Keywords: cartel, enforcement, criminalisation
JEL Classification: K21
Suggested Citation: Suggested Citation