Cartelization, Antitrust and Globalization in the US and Europe

Cartelization, Antitrust and Globalization in the US and Europe PDF Author: Mark S. LeClair
Publisher: Taylor & Francis
ISBN: 1136940774
Category : Business & Economics
Languages : en
Pages : 197

Book Description
The uncovering of a great number of cartels in the industrialised world has left an unfortunate, yet significant, mark on global economic developments in recent years. Globalization has forced firms into more direct competition; the result has been global price-fixing. This situation has greatly challenged antitrust authorities. Taking a broad yet detailed approach, this work sets a practical explanation of the history of cartels and antitrust law in a sound theoretical framework, as well as providing suggestions as to how potential reforms of antitrust laws could improve the situation going forward. The book includes a comprehensive analysis of the motivations behind and perceived necessity for organisations to enter into cartels, and the success or otherwise of legislatures’ attempts to both uncover and prevent such cartels from taking place. A total of 24 price-fixing conspiracies uncovered in the US and Europe are examined as part of the analysis to demonstrate the globalization of collusion.

The Internationalisation of Antitrust Policy

The Internationalisation of Antitrust Policy PDF Author: Maher M. Dabbah
Publisher: Cambridge University Press
ISBN: 1139438506
Category : Law
Languages : en
Pages : 350

Book Description
The internationalisation of antitrust policy is a topic of great contemporary significance and debate. Dr Dabbah provides an inquiry that is at once clearly stated, original and empirical, setting out the relevant issues in the context of law, economics and politics. He draws on the decisional practice of antitrust authorities, actions and statements of political bodies, as well as the decisions of law courts. Providing a detailed examination of the experiences of the European Community and the United States, Dr Dabbah includes a comprehensive examination of central concepts and ideas related to antitrust law and practice. The book concludes by looking forward to potential developments in the landscape and suggests an approach to the internationalisation of antitrust policy. This will be of interest to antitrust officials, as well as international organisations, members of the business community, academics, researchers and policy-makers who are involved in antitrust law and policy.

The Antitrust Revolution in Europe

The Antitrust Revolution in Europe PDF Author: Lee McGowan
Publisher: Edward Elgar Publishing
ISBN: 1849807019
Category : Law
Languages : en
Pages : 241

Book Description
Lee McGowans authoritative book is a very welcome addition to the literature ondevelopments in European antitrust. It focuses primarily on EU supernational cartel policy, providing a fascinating, critical account of why policy developed as it has and of its effectiveness in detecting, punishing and deterring cartelists to the present. With its emphasis on institutional structures and decision makingprocesses and its use of examples, the book will be an invaluable reference for political scientists and should also attract a wide readership among economists and lawyers. - Eleanor J. Morgan, University of Bath, UK.

Global Price Fixing

Global Price Fixing PDF Author: John M. Connor
Publisher: Springer Science & Business Media
ISBN: 3540342222
Category : Business & Economics
Languages : en
Pages : 510

Book Description
This book describes and analyzes the formation, operation, and impacts of modern global cartels. It provides a broad picture of the economics, competition law and history of international price fixing. Intensive case studies of collusion in the markets for lysine, citric acid, and vitamins offer a deep, detailed understanding of the phenomenon. The author assesses whether antitrust enforcement by the European Union, the United States, and other countries can deter cartels.

Antitrust Goes Global

Antitrust Goes Global PDF Author: Simon J. Evenett
Publisher: Brookings Institution Press
ISBN: 9780815725015
Category : Business & Economics
Languages : en
Pages : 228

Book Description
Explores the future of transatlantic co-operation in the context of antitrust policies towards cartels, mergers and acquisitions, and vertical restraints. Experts elucidate the changing nature of antitrust enforcement, emphasizing future multilateral and bilateral developments.

Regulating Cartels in Europe

Regulating Cartels in Europe PDF Author: Christopher Harding
Publisher:
ISBN: 0199551480
Category : Law
Languages : en
Pages : 439

Book Description
One of the most contentious and high-profile aspects of EU competition law and policy has been the regulation of those serious competition or antitrust violations now often referred to as 'hard core cartels'. Such cartel activity typically involves large and powerful corporate producers and traders operating across Europe and beyond, and comprise practices such as price fixing, bid rigging, market sharing, and limiting production in order to ensure 'market stability' and maintain and increase profits. There is little disagreement now, in terms of competition theory and policy at both international and national levels, regarding the damaging effect of such trading practices on public and consumer interests, and such cartels have been subject to increasing condemnation in the legal process of regulating and protecting competition. Regulating Cartels in Europe provides critical evaluation of the way in which European-level regulation has evolved to deal with the activities of such anti-competitive business cartels. They trace the historical development of cartel regulation in Europe, comparing the more pragmatic and empirical approached favored in Europe with the more dogmatic and uncompromising American policy on cartels. In particular, the work considers critically the move towards the use of fully fledged criminal proceedings in this area of legal control, examining evolving aspects of enforcement policy such as the use of leniency programs and the deployment of a range of criminal law and other sanctions. This new edition of the work covers emerging themes and arguments in the discipline, including the judicial review of decisions against cartels, the criminological and legal basis of the criminalization of cartel conduct, and the range and effectiveness of sanctions used in response to cartel activity.

Cartels and Economic Collusion

Cartels and Economic Collusion PDF Author: Michael A. Utton
Publisher: Edward Elgar Publishing
ISBN: 184980771X
Category : Business & Economics
Languages : en
Pages : 191

Book Description
Adam Smith warned of the prevalence of corporate conspiracies more than two hundred years ago. Since then, interest in cartels has sometimes intensified (during the Great Depression, for example) and sometimes diminished, but the need for control has always remained on the antitrust agenda. This well-documented book reviews the economic case against corporate collusion, as well as the arguments made for a more permissive attitude. A survey of recent empirical research reveals not only the prevalence of a wide range of international cartels but also the size of the inefficiencies and costs that they impose on customers and consumers. The antitrust reaction has therefore intensified with greatly increased fines being imposed by the US, the EU and other authorities. At the same time, they have developed sophisticated leniency polices with the aim of destabilizing the illegal conspiracies. After reviewing these measures, the author concludes with the hope that this toughened approach is not modified or reversed during periods of recession.

Unraveling the Legal Standard Applicable to Cartels

Unraveling the Legal Standard Applicable to Cartels PDF Author: Romain Rard
Publisher:
ISBN:
Category : Antitrust law
Languages : en
Pages : 142

Book Description


Antitrust in the Global Trading System

Antitrust in the Global Trading System PDF Author: Peter Morici
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 156

Book Description


An International Antitrust Primer

An International Antitrust Primer PDF Author: Mark R. Joelson
Publisher: Kluwer Law International B.V.
ISBN: 9041191089
Category : Law
Languages : en
Pages : 576

Book Description
Despite the continuing inter-government cooperation over the regulation of international commerce, significant cross-country differences persist in areas such as merger control, notification to authorities, and remedies deemed appropriate for antitrust enforcement. Accordingly, companies must be aware of the rules that apply in the countries in which they do business. This fourth edition of the Kintner-Joelson classic International Antitrust Primerprovides a thorough update of the status of competition regulation in a number of key jurisdictions, including up-to-date case law involving the technology giants Google, Microsoft, Amazon, Apple, and Facebook. Coverage focuses on the European Union and the United States — which continue to be foremost in the enforcement and refinement of comprehensive competition laws — but also takes into account the vast strides that are being made elsewhere, with chapters on South Korea, Japan, and India, as well as a chapter on the United Kingdom with a section on the post-Brexit implications. The book provides essential guidance on such issues of concern to business persons and their counsel as the following: • intellectual property rights; • extent and kind of criminal sanctions; • extraterritorial reach; • mergers and acquisitions; • level and type of enforcement activity; • effects of national foreign or domestic policy; • permissible cooperation among competitors; and • public procurement. Business persons, government officials, students, lawyers, and others who have been relying on this preeminent resource for years will greatly appreciate this thoroughly updated edition. There is nothing else that so lucidly and helpfully explains competition law for those who require a working knowledge of the subject to proceed confidently in their day-to-day work.