Publication:
International Cartel Enforcement : Lessons from the 1990s

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dc.contributor.authorEvenett, Simon J.
dc.contributor.authorLevenstein, Margaret C.
dc.contributor.authorSuslow, Valerie Y.
dc.date.accessioned2014-08-20T21:16:45Z
dc.date.available2014-08-20T21:16:45Z
dc.date.issued2001-09
dc.description.abstractThe enforcement record of the 1990s shows that private international cartels are not defunct--nor do they always fall quickly under the weight of their own incentive problems. Of a sample of 40 such cartels prosecuted by the United States and the European Union in the 1990s, 24 lasted at least four years. And for the 20 cartels in this sample where sales data are available, the annual worldwide turnover in affected products exceeded $30 billion. National competition policies address harm in domestic markets, and in some cases prohibit cartels without taking strong enforcement measures. The authors propose a series of reforms to national policies and steps to enhance international cooperation that will strengthen the deterrents against international cartelization. Furthermore, the authors argue that aggressive prosecution of cartels must be complemented by vigilance in other areas of competition policy. If not, firms will respond to the enhanced deterrents to cartelization by merging or by taking other measures that lessen competitive pressures.en
dc.identifierhttp://documents.worldbank.org/curated/en/2001/09/1614730/international-cartel-enforcement-lessons-1990s
dc.identifier.doi10.1596/1813-9450-2680
dc.identifier.urihttps://hdl.handle.net/10986/19538
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 2680
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACTS
dc.subjectALLIANCES
dc.subjectANTITRUST LAWS
dc.subjectAUTHORITY
dc.subjectBANKRUPTCY
dc.subjectBARRIERS TO ENTRY
dc.subjectBENCHMARK
dc.subjectBUSINESS CYCLES
dc.subjectBUSINESS ECONOMICS
dc.subjectCARTEL
dc.subjectCARTELS
dc.subjectCOLLUSION
dc.subjectCOMPANY
dc.subjectCOMPETITION LAW
dc.subjectCOMPETITION POLICY
dc.subjectCOMPETITIVE ADVANTAGE
dc.subjectCOMPETITORS
dc.subjectCONSUMERS
dc.subjectCORPORATIONS
dc.subjectDAMAGES
dc.subjectDUMPING
dc.subjectECONOMIC FACTORS
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIC THEORY
dc.subjectECONOMICS LITERATURE
dc.subjectEMPIRICAL ANALYSIS
dc.subjectEMPIRICAL RESEARCH
dc.subjectENFORCEMENT REGIMES
dc.subjectEUROPEAN UNION
dc.subjectEXPORTS
dc.subjectFAIR TRADE
dc.subjectFAIR TRADING
dc.subjectFINES
dc.subjectFIRMS
dc.subjectFOREIGN MARKETS
dc.subjectIMMUNITY
dc.subjectIMPORTS
dc.subjectINTERNATIONAL MARKETS
dc.subjectJOINT VENTURES
dc.subjectLEGAL STATUS
dc.subjectLEGISLATION
dc.subjectMANUFACTURERS
dc.subjectMARGINAL COSTS
dc.subjectMARKET POWER
dc.subjectMERCANTILISM
dc.subjectMERGERS
dc.subjectMETALS
dc.subjectOIL
dc.subjectPRICE DECLINES
dc.subjectPRICE FIXING
dc.subjectPRODUCERS
dc.subjectPRODUCTIVITY
dc.subjectQUOTAS
dc.subjectRESOURCE ALLOCATION
dc.subjectRISK NEUTRAL
dc.subjectSECRECY
dc.subjectSHAREHOLDERS
dc.subjectSUPPLIERS
dc.subjectTRADE LIBERALIZATION
dc.subjectVERTICAL RESTRAINTS
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleInternational Cartel Enforcement : Lessons from the 1990sen
dspace.entity.typePublication
okr.crossref.titleInternational Cartel Enforcement: Lessons from the 1990s
okr.date.disclosure2001-09-30
okr.date.doiregistration2025-04-10T09:14:43.153692Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2001/09/1614730/international-cartel-enforcement-lessons-1990s
okr.globalpracticeTransport and ICT
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid980131468764137533
okr.identifier.doi10.1596/1813-9450-2680
okr.identifier.externaldocumentum000094946_01092804353553
okr.identifier.internaldocumentum1614730
okr.identifier.reportWPS2680
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2001/10/12/000094946_01092804353553/Rendered/PDF/multi0page.pdfen
okr.themeTrade and integration
okr.topicFinance and Financial Sector Development::Microfinance
okr.topicLaw and Development::Legal Products
okr.topicEconomic Theory and Research
okr.topicEnvironmental Economics and Policies
okr.topicSmall Scale Enterprise
okr.topicInfrastructure Economics and Finance::Private Participation in Infrastructure
okr.unitTrade, Development Research Group
okr.volume1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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