Matches in SemOpenAlex for { <https://semopenalex.org/work/W183553721> ?p ?o ?g. }
Showing items 1 to 91 of
91
with 100 items per page.
- W183553721 abstract "The issue: Anti-cartel enforcement is the least controversial of competition policy themes. Agreements to restrict competition such as price fixing or market sharing have obvious negative effects on welfare. Within the European Union, however, industry representatives have increasingly voiced concern that the European Commission applies a too-strict fining policy to enforce anti-cartel law, particularly since the introduction of new guidelines on fines in 2006. Fines are said to be too high, disproportionate and liable to introduce distortions into the market, ultimately leading to higher prices for consumers. It is often argued that more lenient approaches should be followed in crisis times. Policy challenge: High fines for cartel activity could entail costs for society and might be difficult to implement. Nevertheless, there is no case for reducing current levels of EU anti-cartel fines. Fine levels already take the economic crisis into account, and the net present value of fines might prove to be too low to discourage collusion. We estimate that fines might even be not high enough to offset the additional profits yielded by collusion. Fines should be complemented with other measures to increase deterrence, in particular personal sanctions targeting company officers who are responsible for leading the company to commit infringements. In the short term, pressure on decision makers could be increased by reducing the expected duration of investigations." @default.
- W183553721 created "2016-06-24" @default.
- W183553721 creator A5026456164 @default.
- W183553721 date "2013-05-01" @default.
- W183553721 modified "2023-09-24" @default.
- W183553721 title "Do European Union fines deter price-fixing? Bruegel Policy Brief 2013/04, May 2013" @default.
- W183553721 hasPublicationYear "2013" @default.
- W183553721 type Work @default.
- W183553721 sameAs 183553721 @default.
- W183553721 citedByCount "2" @default.
- W183553721 countsByYear W1835537212014 @default.
- W183553721 countsByYear W1835537212015 @default.
- W183553721 crossrefType "journal-article" @default.
- W183553721 hasAuthorship W183553721A5026456164 @default.
- W183553721 hasConcept C10138342 @default.
- W183553721 hasConcept C105639569 @default.
- W183553721 hasConcept C144133560 @default.
- W183553721 hasConcept C153180980 @default.
- W183553721 hasConcept C162324750 @default.
- W183553721 hasConcept C17744445 @default.
- W183553721 hasConcept C18547055 @default.
- W183553721 hasConcept C18903297 @default.
- W183553721 hasConcept C199539241 @default.
- W183553721 hasConcept C2776034101 @default.
- W183553721 hasConcept C2776736423 @default.
- W183553721 hasConcept C2778069335 @default.
- W183553721 hasConcept C2778890260 @default.
- W183553721 hasConcept C2779739280 @default.
- W183553721 hasConcept C2779777834 @default.
- W183553721 hasConcept C2781127519 @default.
- W183553721 hasConcept C2781198186 @default.
- W183553721 hasConcept C2910001868 @default.
- W183553721 hasConcept C34447519 @default.
- W183553721 hasConcept C40700 @default.
- W183553721 hasConcept C41008148 @default.
- W183553721 hasConcept C60643870 @default.
- W183553721 hasConcept C77088390 @default.
- W183553721 hasConcept C86803240 @default.
- W183553721 hasConcept C91306197 @default.
- W183553721 hasConceptScore W183553721C10138342 @default.
- W183553721 hasConceptScore W183553721C105639569 @default.
- W183553721 hasConceptScore W183553721C144133560 @default.
- W183553721 hasConceptScore W183553721C153180980 @default.
- W183553721 hasConceptScore W183553721C162324750 @default.
- W183553721 hasConceptScore W183553721C17744445 @default.
- W183553721 hasConceptScore W183553721C18547055 @default.
- W183553721 hasConceptScore W183553721C18903297 @default.
- W183553721 hasConceptScore W183553721C199539241 @default.
- W183553721 hasConceptScore W183553721C2776034101 @default.
- W183553721 hasConceptScore W183553721C2776736423 @default.
- W183553721 hasConceptScore W183553721C2778069335 @default.
- W183553721 hasConceptScore W183553721C2778890260 @default.
- W183553721 hasConceptScore W183553721C2779739280 @default.
- W183553721 hasConceptScore W183553721C2779777834 @default.
- W183553721 hasConceptScore W183553721C2781127519 @default.
- W183553721 hasConceptScore W183553721C2781198186 @default.
- W183553721 hasConceptScore W183553721C2910001868 @default.
- W183553721 hasConceptScore W183553721C34447519 @default.
- W183553721 hasConceptScore W183553721C40700 @default.
- W183553721 hasConceptScore W183553721C41008148 @default.
- W183553721 hasConceptScore W183553721C60643870 @default.
- W183553721 hasConceptScore W183553721C77088390 @default.
- W183553721 hasConceptScore W183553721C86803240 @default.
- W183553721 hasConceptScore W183553721C91306197 @default.
- W183553721 hasLocation W1835537211 @default.
- W183553721 hasOpenAccess W183553721 @default.
- W183553721 hasPrimaryLocation W1835537211 @default.
- W183553721 hasRelatedWork W137307139 @default.
- W183553721 hasRelatedWork W1513114214 @default.
- W183553721 hasRelatedWork W1598001659 @default.
- W183553721 hasRelatedWork W1811809836 @default.
- W183553721 hasRelatedWork W1992877736 @default.
- W183553721 hasRelatedWork W2105709707 @default.
- W183553721 hasRelatedWork W2117396383 @default.
- W183553721 hasRelatedWork W2158452670 @default.
- W183553721 hasRelatedWork W2171760251 @default.
- W183553721 hasRelatedWork W2254300929 @default.
- W183553721 hasRelatedWork W2473707670 @default.
- W183553721 hasRelatedWork W2592543913 @default.
- W183553721 hasRelatedWork W2793761161 @default.
- W183553721 hasRelatedWork W3024755135 @default.
- W183553721 hasRelatedWork W3123939863 @default.
- W183553721 hasRelatedWork W3125324237 @default.
- W183553721 hasRelatedWork W3125359182 @default.
- W183553721 hasRelatedWork W3125530115 @default.
- W183553721 hasRelatedWork W3133425556 @default.
- W183553721 hasRelatedWork W3150305888 @default.
- W183553721 isParatext "false" @default.
- W183553721 isRetracted "false" @default.
- W183553721 magId "183553721" @default.
- W183553721 workType "article" @default.