Tools
Tools
Stephan, Andreas 
ORCID: https://orcid.org/0000-0002-9839-7338 and Nikpay, Ali
(2015)
Leniency Decision-Making from a Corporate Perspective: Complex Realities.
In:
Anti-Cartel Enforcement in a Contemporary Age.
Hart Publishing, Oxford, p. 139.
ISBN 978-1-84946-690-5
Abstract
This chapter seeks to assess the robustness of the assumptions made by much of the theoretical literature on leniency programs, giving a glimpse of the uncertainties and complexities that apply in practice. First, sanctions are hard to estimate and the decision to form a cartel is not generally made by the firm as a rational monolith. Second, empirical evidence from the EU suggests an over-reliance on leniency, with only a weak threat of detection through investigations alone. Most leniency reporting may be occurring where a cartel has already ceased to operate or is very likely to be caught. Finally, the decision to come forward is not one that is taken lightly by the firm; it is fraught with uncertainties and dangers, including the challenges of ensuring cooperation from employees. The paper concludes with three recommendations for the strengthening of leniency policies
| Item Type: | Book Section |
|---|---|
| Uncontrolled Keywords: | antitrust,leniency,competition law,cartels |
| Faculty \ School: | Faculty of Social Sciences > School of Law |
| UEA Research Groups: | Faculty of Social Sciences > Research Groups > Competition, Markets and Regulation Faculty of Social Sciences > Research Centres > Centre for Competition Policy |
| Depositing User: | Pure Connector |
| Date Deposited: | 18 Jan 2016 12:03 |
| Last Modified: | 20 Jun 2023 14:59 |
| URI: | https://ueaeprints.uea.ac.uk/id/eprint/56406 |
| DOI: |
Actions (login required)
 |
View Item |