Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

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Monday, November 23, 2009

Sanctioning Cartel Activity: Let the Punishment Fit the Crime

Posted by D. Daniel Sokol

Greg Werden (DOJ) suggests Sanctioning Cartel Activity: Let the Punishment Fit the Crime.

ABSTRACT: This essay explains how economic analysis and enforcement experience support the conclusion that cartel activity should be viewed as a serious crime and punished with serious sanctions on both business enterprises and individuals. My subtitle provides part of the argument: "Let the punishment fit the crime." As many before me, I borrow William Schwenck Gilbert's memorable line from The Mikado, a contemporary of the earliest criminal statutes relating to cartel activity. For historic background and current context, I initially review the evolution of sanctions for cartel activity in the United States.

http://lawprofessors.typepad.com/antitrustprof_blog/2009/11/sanctioning-cartel-activity-let-the-punishment-fit-the-crime.html

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