Antitrust & Competition Policy Blog

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

Friday, August 16, 2019

OECD-Inspired Reform: The Case of Corporate Fines for Cartel Conduct

Caron Beaton-Wells, Melbourne Law School and Julie N. Clarke, Melbourne Law School describe OECD-Inspired Reform: The Case of Corporate Fines for Cartel Conduct.

ABSTRACT: One of the legacies of Frederic Jenny’s outstanding stewardship of the Organisation for Economic Cooperation and Development’s (OECD) competition program over almost three decades will be the impact it has had on strengthening the approach taken to anti-cartel enforcement around the world. Within four years of his taking the helm, the OECD issued its influential recommendation calling on member countries to “halt and deter hard core cartels” by ensuring that their laws provide for “effective sanctions, of a kind and at a level adequate to deter firms and individuals” from cartel participation.

https://lawprofessors.typepad.com/antitrustprof_blog/2019/08/oecd-inspired-reform-the-case-of-corporate-fines-for-cartel-conduct.html

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