Anti-Cartel Enforcement in a Contemporary Age: Leniency Religion

Description

Leniency policies are seen as a revolution in contemporary anti-cartel law enforcement. Unique to competition law, these policies are regarded as essential to detecting, punishing and deterring business collusion - conduct that subverts competition at national and global levels. Featuring contributions from leading scholars, practitioners and enforcers from around the world, this book probes the almost universal adoption and zealous defence of leniency policies by many competition authorities and others. It charts the origins of and impetuses for the leniency movement, captures key insights from academic research and practical experience relating to the operation and effectiveness of leniency policies and examines leniency from the perspectives of corporate and individual applicants, advisers and authorities. The book also explores debates surrounding the intersections between leniency and other crucial elements of the enforcement system such as compensation, compliance and criminalisation. The rich critical analysis in the book draws on the disciplines of law, regulation, economics and criminology. It makes a substantial and distinctive contribution to the literature on a topic that is highly significant to a wide range of actors in the field of competition law and business regulation generally. From the Foreword by Professor Frederic Jenny ' ... fundamental questions are raised and thoroughly discussed in this book which is undoubtedly the most comprehensive scholarly work on leniency policies produced so far ... [the] book should be required reading for all seeking to acquire a deeper insight into the issues related to leniency policy. It is a priceless contribution ... '

Caron Beaton-Wells is a Professor at the Melbourne Law School, University of Melbourne. Christopher Tran is a barrister at the Victorian Bar, Australia.

Anti-Cartel Enforcement in a Contemporary Age constitutes a very valuable volume. It challenges the too easily accepted assumptions concerning leniency and it explores many of the under-analysed questions relating to leniency's place in the broader system of enforcement. It warrants a careful read of policy-makers, competition authorities' officials and practitioners alike. -- Marek Martyniszyn * Concurrences * Profs Beaton-Wells and Tran assembled first-rate authors, and superbly structured the book's chapters, succeeding in making this book a must-read for both practitioners and scholars of the antitrust/competition. -- Toshiaki Takigawa * Symposium: Antritrust and Competition Policy Blog * ...an interesting, timely, and important book. There is a tremendous variety of economic, legal, philosophical, and practical perspectives on the role of leniency policies in modern cartel enforcement in the U.S., the EU, and in other jurisdictions. -- Spencer Waller * Symposium: Antritrust and Competition Policy Blog * ...the 16 chapters [the book] comprises are not only uniformly excellent, but they raise the right questions...It should figure on the reading list of all competition law enforcers and practitioners. -- Damien Geradin * Symposium: Antritrust and Competition Policy Blog * Nothing can detract form the excellent job all the contributors and the editors do in critically discussing the practical issues of leniency programmes...The book is a strongly recommended purchase for all academics and practitioners interested in antitrust enforcement issues. -- Florian Wagner von Papp * Symposium: Antritrust and Competition Policy Blog * Kudos to the editors and authors of [this work] for producing such an interesting, timely, and important book. There is a tremendous variety of economic, legal, philosophical, and practical perspectives on the role of leniency policies in modern cartel enforcement...Any practitioner, enforcement official, or academic involved or interested in cartel enforcement and the role of leniency will want to read this book. -- Spencer Weber Waller * World Competition Law and Economics Review *