| Author (Person) | van Damme, Eric, Zhou, Jun |
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| Publisher | Bruegel |
| Series Title | Bruegel Working Papers |
| Series Details | No.02, February 2016 |
| Publication Date | February 2016 |
| Content Type | Journal | Series | Blog |
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From Source URL click on 'Download the document (PDF) for free. Abstract: The authors study the timing of leniency applications using a novel application of multi-spell discrete-time survival analysis for a sample of cartels prosecuted by the European Commission between 1996 and 2014. The start of a Commission investigation does not affect the rate by which conspirators apply for leniency in the market investigated, but increases the rate of application in separate markets in which a conspirator in the investigated market also engaged in collusion. The revision of the Commission’s leniency programme in 2002 increased the rate of pre-investigation applications. Our results shed light on enforcement efforts against cartels and other forms of conspiracy. |
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| Source Link | Link to Main Source http://aei.pitt.edu/72911/ |
| Subject Categories | Internal Markets |
| Countries / Regions | Europe |
