An empirical evaluation of the normative justifications for cartel criminalisation

Stephan, Andreas (2017) An empirical evaluation of the normative justifications for cartel criminalisation. Legal Studies, 37 (4). 621–646. ISSN 0261-3875

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Abstract

A growing number of jurisdictions treat ‘hardcore’ cartel conduct as crime, in the belief that the threat of incarceration is necessary for deterrence. The significant economic harm caused by cartels is generally undisputed, but there is disagreement over whether cartel conduct is morally offensive enough to justify criminalisation. Critics argue it is another example of ‘over-criminalisation’, seeking to regulate an activity that is morally ambiguous. Those in favour have sought to formulate normative justifications for why cartel conduct should be crime. Many of these rely on the assumption that members of society expect markets to be competitive and believe cartels are undesirable. This paper makes a significant contribution by testing this question empirically. Public surveys from the UK, Germany, Italy and the US are used to critically analyse the extent to which normative justifications for cartel conduct have empirical backing.

Item Type: Article
Uncontrolled Keywords: competition law,cartels,criminalisation
Faculty \ School: Faculty of Social Sciences > School of Law
Depositing User: Pure Connector
Date Deposited: 29 Nov 2016 00:01
Last Modified: 18 Sep 2020 00:10
URI: https://ueaeprints.uea.ac.uk/id/eprint/61509
DOI: 10.1111/lest.12165

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