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Vol 21 No 9 Sept/Oct 2016

Book of the Month

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Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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This book is now Out of Print.
A new edition has been published, the details can be seen here:
Regulating Cartels in Europe 2nd ed isbn 9780199551484

Regulating Cartels in Europe

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ISBN13: 9780199242443
ISBN: 0199242445
New Edition ISBN: 9780199551484
Published: November 2003
Publisher: Oxford University Press
Country of Publication: UK
Format: Hardback
Price: Out of print

One of the most contentious and high-profile aspects of European Community competition law and policy has been the regulation of what may be described as serious antitrust violations, typically involving large and powerful corporate producers and traders operating across Europe, if not also in a wider international context. Such 'hard core' cartels characteristically engage in practices such as price fixing, bid rigging, market sharing and limiting production in order to ensure 'market stability' and maintain and increase profits. There is little doubt now in terms of competition theory and policy at both international and national levels about the damaging effect of such trading practices on public and consumer interests, and such cartels have been increasingly strongly condemned in the legal process of regulating and protecting competition. Indeed, a number of legal systems are now following the American lead in criminalizing such activity. This may therefore be seen as the 'hard end' of the enforcement of competition policy, requiring more confrontational and aggressive methods of regulation, yet also presenting considerable challenges to effective enforcement on account of the;The focus of this study is a critical evaluation of the way in which European-level regulation has evolved to deal with the problem of anti-competitive cartels. It traces the historical development of cartel regulation in Europe, comparing the pragmatic and empirical approach traditional in Europe with the more dogmatic and uncompromising American policy on cartels and asks whether a fully-fledged criminal proceeding (with its attendant level of legal safeguards) is the most appropriate approach to legal regulation .

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Competition Law
INTRODUCTION: TALKING ABOUT CARTELS: THE MAIN ELEMENTS OF ANALYSIS AND DISCUSSION; I. Business Cartels0: Sleeping with the Enemy; III. Cartels in Europe 1870-1945: Das Kartellproblem; IV. Cartels in Europe 1945-70: From Registrable Agreement to Concerted Practice; V. A Narrative of Cartel Enforcement in Europe, 1970 to the Present Time; VI. Proof of Cartel Delinquency: Fashioning the European Cartel Off; VII. Judicial of Cartel Control: Testing the Evidence and Due Process; VIII. Negotiating Guilt: Leniency and Breaking the Code of Silence; IX. Sanctions : Dealing with Business Delinquency; X. Cartel Law in the Twenty-First Century: Globalized and Criminal