English, Article, Journal or magazine article edition: Beyond the Cartel Law Handbook: How Corruption, Social Norms and Collectivist Business Cultures can Undermine Conventional Enforcement Tools Andreas Stephan

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Bookmark: http://trove.nla.gov.au/version/49052
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Beyond the Cartel Law Handbook: How Corruption, Social Norms and Collectivist Business Cultures can Undermine Conventional Enforcement Tools
Author
  • Andreas Stephan
Physical Description
  • preprint
Notes
  • The combination of leniency programmes, high sanctions, complaints from customers and private actions for damages, has proven very successful at uncovering and punishing cartel agreements in the US. Countless jurisdictions are being encouraged to adopt these ‘conventional’ enforcement tools, in the absence of an international competition authority. The purpose of this paper is to widen the debate on cartel enforcement by identifying three issues which can undermine their effectiveness in some jurisdictions: (1) Corruption and organised crime; (2) Social norms that are sympathetic to collusive practices; (3) Collectivist business cultures built on personal relationships.
  • cartels, leniency programmes, enforcement, corruption, organised crime, social norms, collectivism
  • RePEc:ccp:wpaper:wp08-29
Language
  • English
Contributed by
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