Rationale and Benefits of Leniency Programs Under EU Competition Law and US Federal Anti-Trust Law

16 Pages Posted: 22 Apr 2017

See all articles by Basil Siddique

Basil Siddique

Federal Board of Revenue (AJK Government); Nottingham Trent University - Nottingham (Trent) Law School, Students

Date Written: October 31, 2016

Abstract

The main focus of the Competition Laws and Antitrust Laws is to keep consumer welfare at optimal level ensuring best quality of products and services at the lowest possible prices. However there are various anti-competitive behaviors flourishing in the markets that bring down the principles of free market economy. Amongst these hard-core cartels, simply read as cartels, are considered as the most serious and egregious violations of competition laws. Taken that it is extremely hard to detect, apprehend and punish cartels and their conspirators, leniency program has been proved to be very effective in many jurisdictions.

Keywords: EU Competition Law, US Anti-Trust Law, Leniency Program, Cartels

Suggested Citation

Siddique, Basil, Rationale and Benefits of Leniency Programs Under EU Competition Law and US Federal Anti-Trust Law (October 31, 2016). Available at SSRN: https://ssrn.com/abstract=2954961 or http://dx.doi.org/10.2139/ssrn.2954961

Basil Siddique (Contact Author)

Federal Board of Revenue (AJK Government) ( email )

Islamabad
Islamabad, Islamabad 12345
Pakistan

Nottingham Trent University - Nottingham (Trent) Law School, Students ( email )

United Kingdom

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