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ec enforcement problem

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The Bankruptcy Wildcard in Cartel Cases
Deterrence is achieved when the cost of collusion, given the probability of detection, outweighs the illegal cartel profits. Fines are the only sanction available in the EC enforcement regime and these may need to be raised in order to achieve deterrence. The EC enforcement problem is that fines are effectively...
Tags: Fine, Bankruptcy, University Of East Anglia, Deterrence, Fines, EC Enforcement Problem, Litigation, Business Operations
White papers 2006-01-01
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