English, Article, Journal or magazine article edition: The Role of Contribution among Defendants in Private Antitrust Litigation Morten Hviid; Andrei Medvedev

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Bookmark: http://trove.nla.gov.au/version/49152
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Role of Contribution among Defendants in Private Antitrust Litigation
Author
  • Morten Hviid
  • Andrei Medvedev
Physical Description
  • preprint
Notes
  • To date the experience of the incidence of private actions for damages in antitrust cases has differed markedly across jurisdictions. The procedural rules surrounding private litigation may account for some of these differences. This paper explores the effect of rules concerning contribution among multiple defendants who are joint and severally liable for a cartel infringement. The no-contribution rule is shown to lead to higher levels of aggregate damages and more information revelation to the private plaintiff. However, the no-contribution rule also has the potential to neuter any public leniency programme, thereby possibly reducing the number of cartels detected.
  • cartels, leniency, private damages
  • RePEc:ccp:wpaper:wp08-03
Language
  • English
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