The Effectiveness of European Antitrust Fines
48 Pages Posted: 3 Dec 2020
Date Written: November 13, 2020
This paper examines the effectiveness of the administrative fines imposed by the European Commission on cartels from an economic perspective. It reviews the theory, practice, and evidence of optimal fines and assesses whether the European Commission fines, leniency, and settlement procedures deter and otherwise affect the actions of cartels.
Keywords: price-fixing, cartel, fines, recidivism, leniency, settlements, deterrence
JEL Classification: D4, K0, K21, L1, L4, L11, L12, L13, K14, L41, L44, N60
Suggested Citation: Suggested Citation