THE PENALTIES FOR MONOPOLY BEHAVIOR – CARTELS

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.