Fighting hard-core cartels
Subtitle: harm, effective sanctions and leniency programmes.
Contributors: Organisation for Economic Co-operation and Development. Competition Committee.
Publisher: OECD
Published: 2002
Place of publication: Paris, France
Language: eng
Number of pages: 107
Subjects: Cartels -- OECD countries.; Competition -- OECD countries.; Monopolies -- OECD countries.; Big business -- OECD countries.
Description: Hard-core cartels are the most egregious violations of competition law. What are the most appropriate tools to fight them?  In this book, the OECD identifies an increasingly successful  "carrot-and-stick"  approach –  applying stiffer punishment for cartel operators and enhancing programmes aimed at rewarding cartel members who decide to defect and co-operate with the authorities.  This book contributes to the existing knowledge about the extent of cartels' overcharges and other harm  to businesses and consumers worldwide, and sheds light on new and effective "leniency programmes", as well as on optimal sanctions in cartel cases.
Notes: Includes bibliographical references.
"Two reports by the OECD Competition Committee"--P. 3.