Description

An effective prosecution of cartels is a top priority for European
Competition Authorities and a very relevant outcome for the
good functioning of our economy. Despite relevant advances in the
last decades, there is still need to improve the effectiveness of cartel
prosecution in Europe. This book assesses the current system, identifies
recent trends, best practices and future challenges. Looking not only
at enforcement by the European Commission and the European Court
of Justice, but also at enforcement in some relevant Member State
jurisdictions, this collective book reviews key issues for public and private
enforcement in cartel cases, such as, among others, the importance of
institutional design of the Competition authority for cartel prosecution,
the design and implementation of leniency programs, the type, level and
calculation of fines, or the use of evidence and settlements. It also deals
with key aspects of judicial review of administrative decisions. Furthermore
it examines the experiences of criminalization of cartels in Europe and
new developments regarding claims for damages by cartels victims. With
the participation of experts of the European Commission and National
Competition Authorities, the European Court of Justice and national
courts, scholars and lawyers, it follows an international conference co-organised
by the Centre for Competition Policy of CEU San Pablo University
and the Spanish Competition Authority in Madrid, co-funded by the
Spanish Ministry of Economy and Competitiveness and the European
Commission through the Jean Monnet action.