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Public and private antitrust enforcement for cartels : should there be a common approach to sanctioning based on the overcharge rate?
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dc.contributor.author | Katsoulacos, Yannis | |
dc.contributor.author | Motchenkova, Evgenia | |
dc.contributor.author | Ulph, David | |
dc.date.accessioned | 2019-07-31T16:30:04Z | |
dc.date.available | 2019-07-31T16:30:04Z | |
dc.date.issued | 2019-07-29 | |
dc.identifier.citation | Katsoulacos , Y , Motchenkova , E & Ulph , D 2019 , ' Public and private antitrust enforcement for cartels : should there be a common approach to sanctioning based on the overcharge rate? ' , Revista de Economia Contemporânea , vol. 23 , no. 2 , e192321 . https://doi.org/10.1590/198055272321 | en |
dc.identifier.issn | 1415-9848 | |
dc.identifier.other | PURE: 259486178 | |
dc.identifier.other | PURE UUID: d638f69f-22b5-4716-b713-d50922eda163 | |
dc.identifier.other | ORCID: /0000-0003-3171-1270/work/60195484 | |
dc.identifier.other | Scopus: 85073285873 | |
dc.identifier.uri | https://hdl.handle.net/10023/18217 | |
dc.description.abstract | We review recent theoretical literature pointing to the ineffectiveness, in terms of welfare impact, of currently applied sanctioning regimes for cartels by Competition Authorities (CAs). We then provide a comparison of the regimes taking also into account criteria related to ease of implementation and transparency. We argue the case for switching to a penalty regime, in which the penalty base continues to be the currently dominant penalty base of cartel revenue but in which, in contrast to current practice, the penalty rate is based on the rate commonly estimated in order to calculate damages in private damage claims, that is, the overcharge rate. | |
dc.language.iso | eng | |
dc.relation.ispartof | Revista de Economia Contemporânea | en |
dc.rights | Copyright 2019 IE-UFRJ (Instituto de Economia da UFRJ). This is an open access article licence under a Creative Commons CC BY licence. | en |
dc.subject | Antitrust penalties | en |
dc.subject | Antitrust enforcement | en |
dc.subject | Antitrust law | en |
dc.subject | Cartels | en |
dc.subject | HG Finance | en |
dc.subject | T-NDAS | en |
dc.subject.lcc | HG | en |
dc.title | Public and private antitrust enforcement for cartels : should there be a common approach to sanctioning based on the overcharge rate? | en |
dc.type | Journal article | en |
dc.description.version | Publisher PDF | en |
dc.contributor.institution | University of St Andrews. School of Economics and Finance | en |
dc.identifier.doi | https://doi.org/10.1590/198055272321 | |
dc.description.status | Peer reviewed | en |
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