The talk examines the impact of complicance programs on the expected value for antitrust infringements as perceived by undertakings' decision-maker. The conclusion is that, as no clear correlation can be established, the incentivisation of compliance programs through the reduction of antitrust sanctions undermines the deterrence of antitrust laws.
The effects of compliance programs on the expected value of antitrust infringements / Arena, Amedeo. - (2017). (Intervento presentato al convegno Antitrust Marathon VI: Compliance tenutosi a Gazdasági Versenyhivatal (Hungarian Competition Authority), Budapest nel 13/10/2017).
The effects of compliance programs on the expected value of antitrust infringements
ARENA, AMEDEO
2017
Abstract
The talk examines the impact of complicance programs on the expected value for antitrust infringements as perceived by undertakings' decision-maker. The conclusion is that, as no clear correlation can be established, the incentivisation of compliance programs through the reduction of antitrust sanctions undermines the deterrence of antitrust laws.File in questo prodotto:
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