This essay argues that while Leniency Programmes are a relatively new instrument in assisting authorities and still need improvement in some areas in order to further increase their effectiveness in deterring cartels, it is already clear that they are highly effective. It is therefore possible to deduce that, in the future, Leniency Programmes will play an even greater role in the proper functioning of markets and free competition. Special focus lies on respective examplary programmes in Spain and the European Union in general.
Index
Abstract
1. - Introduction
2. - Conceptual Framework
2.1. - Description of the cartels
2.2. - Antitrust Law
2.3. - Leniency Programme
2.3.1. - European context
2.3.2. - Spanish context
2.3.3. - USA context
2.4. - Expected economic results
3. - Application of the Leniency Programme
3.1. - European Union
3.1.1. - Communication of 1996
3.1.2. - Communication of 2002
3.1.3. - Communication of 2006
3.2. - Spain
4. - Differences between Leniency Programmes
4.1. - Subjective aspects.
4.2. - Objective aspects
4.3. - Responsible authorities
4.4. - Exemption requirements
5. - Statistical results
6. - Effectiveness of the. Leniency Programme
7. - Conclusions
8. - Bibliographic references
- Citation du texte
- Ioan Andrei Neagu (Auteur), 2021, The Effectiveness of the Leniency Programme in the Deterrance of Cartels in the EU and Spain, Munich, GRIN Verlag, https://www.grin.com/document/1328907
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