G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9518
DP9518 The Distortive Effects of Antitrust Fines Based on Revenue
Yannis Katsoulacos; Giancarlo Spagnolo; Vasiliki Bageri
发表日期2013-06-23
出版年2013
语种英语
摘要In most jurisdictions, antitrust fines are based on affected commerce rather than on collusive profits, and in some others, caps on fines are introduced based on total firm sales rather than on affected commerce. We uncover a number of distortions that these policies generate, propose simple models to characterise their comparative static properties, and quantify them with simulations based on market data. We conclude by discussing the obvious need to depart from these distortive rules-of-thumb that appear to have the potential to substantially reduce social welfare.
主题Industrial Organization
关键词Antitrust Deterrence Fines Law enforcement
URLhttps://cepr.org/publications/dp9518
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/538354
推荐引用方式
GB/T 7714
Yannis Katsoulacos,Giancarlo Spagnolo,Vasiliki Bageri. DP9518 The Distortive Effects of Antitrust Fines Based on Revenue. 2013.
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