Now showing items 1-8 of 8

  • Antitrust penalties and the implications of empirical evidence on cartel overcharges 

    Katsoulacos, Yannis; Ulph, David Tregear (2013-11) - Journal article
    In this paper we provide a number of extensions to the theory of antitrust fines and we use these, with existing and new datasets, to contribute to a better understanding of the current fining policies of Competition ...
  • Decision errors, legal uncertainty and welfare : a general treatment 

    Ulph, David Tregear; Katsoulacos, Yannis (University of St Andrews, 2014-02) - Working or discussion paper
    This paper provides a general treatment of the implications for welfare of legal uncertainty. We distinguish legal uncertainty from decision errors: though the former can be influenced by the latter, the latter are neither ...
  • Legal uncertainty, competition law enforcement procedures and optimal penalties 

    Ulph, David Tregear; Katsoulacos, Yannis (University of St Andrews, 2014-07-01) - Working or discussion paper
    In this paper we make three contributions to the literature on optimal Competition Law enforcement procedures. The first (which is of general interest beyond competition policy) is to clarify the concept of “legal uncertainty”, ...
  • Legal uncertainty, competition law enforcement procedures and optimal penalties 

    Katsoulacos, Yannis; Ulph, David Tregear (2015) - Journal article
    In this paper we make three contributions to the literature on optimal Competition Law enforcement procedures. A first contribution, of more general interest, is to formalise the concept of “legal uncertainty”, relying on ...
  • Measuring the effectiveness of anti-cartel interventions : a conceptual framework 

    Katsoulacos, Yannis; Motchenkova, Evgenia; Ulph, David Tregear (University of St Andrews, 2015-12-21) - Working or discussion paper
    This paper develops a model of the birth and death of cartels in the presence of enforcement activities by a Competition Authority (CA). We distinguish three sets of interventions: (a) detecting, prosecuting and penalising ...
  • Optimal substantive standards for competition authorities 

    Katsoulacos, Yannis; Metsiou, Eleni; Ulph, David Tregear (2016-09) - Journal article
    Recent years have witnessed a significant resurgence in the debate concerning the optimal substantive standard to be used in the enforcement of competition law. One of the arguments proposed for using a Consumer Surplus ...
  • Penalizing cartels : the case for basing penalties on price overcharge 

    Ulph, David Tregear; Katsoulacos, Yannis; Motchenkova, Evgenia (University of St Andrews, 2014-09-24) - Working or discussion paper
    In this paper we set out the welfare economics based case for imposing cartel penalties on the cartel overcharge rather than on the more conventional bases of revenue or profits (illegal gains). To do this we undertake a ...
  • Penalizing cartels : the case for basing penalties on the price overcharge 

    Katsoulacos, Yannis; Motchenkova, Evgenia; Ulph, David Tregear (2015-09) - Journal article
    In this paper we set out the welfare economics based case for imposing cartel penalties on the cartel overcharge rather than on the more conventional bases of revenue or profits (illegal gains). To do this we undertake a ...