Thursday, October 28, 2010
Joaquín Almunia speech to Businesseurope & US Chamber of Commerce Competition conference Brussels, 25 October 2010
Posted by D. Daniel Sokol
The link is here. Commissioner Almunia's states that the Commission does not intend to reduce fines (or otherwise grant preferential treatment to companies) due to the existence of antitrust leniency programs ("the answer is no"). I think that this is not the correct approach and in a few weeks I will post a paper on SSRN explaining why. For those who cannot wait that long, I will be speaking about this topic at UCL in November at a talk called "Cartels and Corporate Compliance". See here for details for free registration for my talk.