THE PENALTIES FOR MONOPOLY BEHAVIOR – CARTELS

  • Младен Ребић, Мр Senior Assistant, Faculty of Economics, University of I Sarajevo, Pale
Keywords: antitrust authorities, cartels, competitive policy, fines (assessments)

Abstract

Determining penalties for cartels and cartel behaviour is one of thr most important things that antitrust authorites has been engaged in world wide. Just a number of executed processing and fines in the last few years is growing, which clearly confirms firm position of the antitrust authorities to end antitrust behaviour. There has been a debate between antitrust authorities and academics about determination of appropriate punishment (and other sanctions) which are necessary to prevent antitrust behaviour. Therefore, the aim is to focus to the penalties as well as making performance of more detalied analysis of all the questions that are associated whith the adoped principles and methodology of different antitrust authorities related to determining penalties and sanctions. We can conclude that the aim of modern antitrust authoriries is focusing to fines in relation to other kinds of sanctions. In addition there is also the fact that almost all antitrust authorities in the wored apply fines as the main and the only sanction. Other kinds of sanctions, like prison or disqualification are applied by just a small group of antitrust authorities.

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References

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Неауторизовани извори:

International Competition Network, Report to the 7th ICN Annual Conference, Kyoto, april 2008.

Интернет извори:

INTERNATIONAL COMPETITION NETWORK (ICN) - http://www.internationalcompetitionnetwork.org/

EFTA SURVEILLANCE AUTHORITY - http://www.eftasurv.int/

EU OFFICE OF THE DIRECTOR GENERAL OF COMPETITION – http://europa.eu.int/comm/competition

US DEPARTMENT OF JUSTICE ANTITRUST DIVISION - http://www.usdoj.gov/atr/

Published
2010-12-31
How to Cite
Ребић, М. (2010). THE PENALTIES FOR MONOPOLY BEHAVIOR – CARTELS. Acta Economica, 8(13), 119-140. Retrieved from http://ae.ef.unibl.org/index.php/AE/article/view/180
Section
Review article

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