Recidivism in EU Antitrust Enforcement: A Legal and Economic Analysis
24 Pages Posted: 9 Nov 2011 Last revised: 10 Nov 2011
Date Written: October 31, 2011
Abstract
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.
Keywords: EU, competition law, antitrust enforcement, fines, recidivism, leniency
JEL Classification: K14, K21, K40, K42, L40
Suggested Citation: Suggested Citation