PL EN


2009 | 2(2) | 34-48
Article title

Economic Approach to Counteracting Cartels

Authors
Content
Title variants
Languages of publication
EN
Abstracts
EN
Horizontal agreements between competitors concerning price fixing, quotas, distribution and/or supply market share – cartels – represent the most severe form of competition law infringement. Why are these agreements subject to the highest fines and, in some countries (USA, Canada, Mexico, UK), subject to both fines as well as imprisonment? What are the economic grounds for such severe punishment? How important is an economic analysis for the results of anti-cartel proceedings considering that they are prohibited per se, that is, absolutely and unconditionally? Does growing market concentration and resulting transparency increase the significance of the economic approach to the evaluation of market effects of the behaviour of business? Which methods make it possible to differentiate cartels from competition in oligopolistic markets including economic and econometric analyses? This paper will present an answer to the aforementioned questions on the basis of literature studies, an analysis of Polish case law between 2000–2009 as well as the author’s extensive experience in the field of antitrust consultancy.
Year
Volume
Pages
34-48
Physical description
Dates
published
2009-12-01
Contributors
  • Technical University of Łódź, Department of Organisation and Management
References
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Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.desklight-1e59930e-d68f-4997-81e0-88a65b3bb4e1
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