Fighting Cartels: Economic Analysis and European Union Experiences (2006.1) Massimo Motta
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CPDP- 19-E(PDF:180KB) |
"Fighting Cartels: Economic Analysis and European Union Experiences" (2006.1) Massimo Motta(European University Institute, Florence and Universitat Pompeu Fabra, Barcelona) In this paper, I .rst brie.y analyse the economics of collusion, explaining what collusion is, what are the main ingredients necessary for the firms to sustain it, and which factors facilitate it. I then review the European Union experience in .ghting cartels, by focusing in particular on the standards of proving infringement of EU competition law, and on its enforcement policy. In this part, I will argue that to a large extent EU cartel policy is in line with economic thinking. |