Problems of Cartels and Application Program of Exemptions or Mitigation of Penalties for Cartel Participants (Leniency Policy) Cover Image

Програм ослобађања односно ублажавања од казне за учеснике картела
Problems of Cartels and Application Program of Exemptions or Mitigation of Penalties for Cartel Participants (Leniency Policy)

Author(s): Mladen Rebić
Subject(s): Business Economy / Management, Economic development, Law on Economics, Business Ethics
Published by: Правни факултет Универзитета у Источном Сарајеву
Keywords: Аntitrust authorities; Cartels; Anti-competitive conduct; Insider; Leniency policy;

Summary/Abstract: So far we are acquainted with the fact that ideal free market should mean independent activity (operation) and performance of the company in order to achieve as much business result i.e. profit as possible. However, we can also say that oligopolies, largely, are qualified by their interdependence which makes many companies avoiding work on independent activities i.e. actions. Therefore, uncertainty and risks on the market, together with a present fear from possible individual actions on the market make the companies take part in certain modalities of collisions. This paper describes and analyzes cartel behavior, and program exemptions or leniency towards the participants of prohibited agreements – cartel, that with antitrust authorities successfully cooperate in revealing and breaking those agreements.

  • Issue Year: 2/2011
  • Issue No: 1
  • Page Range: 168-195
  • Page Count: 28
  • Language: Serbian