Policing the Firm
64 Pages Posted: 9 Mar 2013 Last revised: 23 Sep 2015
Date Written: March 7, 2013
Criminal price fixing cartels are a serious problem for consumers. Cartels are hard to both find and punish. Research into other kinds of corporate wrongdoing suggests that enforcers should pay increased attention to incentives within the firm to deter wrong-doing. Thus far, antitrust scholarship and policy have ignored this insight. This article suggests how to improve antitrust enforcement by focusing its efforts on changing the incentives of internal firm compliance.
Keywords: price fixing, corporate wrongdoing, antitrust enforcement, cartels, compliance, leniency, price fixing, corporate crime, FCPA
JEL Classification: K21, L41, M14
Suggested Citation: Suggested Citation