Tuesday, March 31, 2009
Posted by D. Daniel Sokol
Danilo Sama (LUISS "Guido Carli" University of Rome) provides insights into Competition Law, Cartel Enforcement & Leniency Program.
ABSTRACT: The present assessment focuses the attention on the antitrust action in detecting and fighting oligopolistic collusion, analyzing the development of the innovative and modern leniency policy. Following the examination of the main conditions and reasons for cartel stability and sustainability, our attempt is to comprehend under which circumstances leniency program represents a functional and successful tool for preventing the formation of anti-competitive agreements. The problem statement that follows is therefore: how can Law&Economics approach help competition authorities to achieve and realize this form of enforcement?