Is Criminalization of EU Competition Law the Answer?

Total Page:16

File Type:pdf, Size:1020Kb

Is Criminalization of EU Competition Law the Answer? Concurrences Revue des droits de la concurrence Is criminalization of EU competition law the answer? Doctrines l Concurrences N° 1-2006 www.concurrences.com Wouter P. J. Wils [email protected] l Member of the Legal Service of the European Commission l Visiting Professor at King’s College London @ Doctrines Wouter P.J. Wils * [email protected] Is criminalization of EU Member of the Legal Service of the European Commission Visiting Professor competition law at King’s College London the answer? Abstract I. What do we mean by “criminalization”? This paper address the following five questions: First, what do we mean by “criminalization”, or “criminal” 1. No definition of “criminal” in EC or EU law enforcement (as opposed to public enforcement of a “civil” or “administrative” nature)? Second, is there a tendency in 1. Article 23(5) of Regulation No 1/2003,1 the main regulation governing the the EU Member States to criminalize antitrust enforcement enforcement of Articles 81 and 82 EC, provides that decisions by which the (in comparison with US antitrust enforcement and with antitrust enforcement at the level of the EU institutions)? European Commission imposes fines on undertakings for violations of Articles 81 Third, is criminal antitrust enforcement, more specifically and 82 EC, or for obstruction of investigations into possible violations, “shall not be imprisonment, desirable (in general, irrespective of whether of a criminal law nature”.2 The last sentence of recital 8 of the same Regulation says it takes places at the level of the Member States or of the EU institutions, or whether it is harmonized at EU level)? that “this Regulation does not apply to national laws which impose criminal sanctions Fourth, is it problematic that antitrust enforcement is on natural persons except to the extent that such sanctions are the means whereby criminalized at the level of individual EU Member States competition rules applicable to undertakings are enforced”.3 without parallel criminalization at the level of the EU institutions or without EU harmonization? Fifth, would it by copyright laws and internationalNon-authorised use of this document his document is protected copyright treaties. be legally possible to criminalize antitrust enforcement at the 2. The EU Treaty has a Title VI concerning “Provisions on police and judicial level of the EU institutions, or to have EU harmonization cooperation in criminal matters”. Article 30 (a) EU provides that common action of criminal antitrust enforcement in the Member States? in the field of police cooperation shall include operational cooperation in relation to the prevention, detection and investigation of “criminal offences”. Article 31 EU provides for common action on judicial cooperation “in criminal matters”. Dans cet article, l’auteur répond en cinq parties à la question : « La pénalisation du droit communautaire de la concurrence est-elle la 3. EC or EU law does not, however, contain any definition of what is criminal. solution ? ». Tout d’abord, qu’entend-on par «pénalisation», ou mise en œuvre pénale du droit de la concurrence (par opposition à la mise en œuvre publique de nature civile ou administrative) ? Deuxièmement, existe- 2. Distinguishing characteristics of criminal law t-il une tendance, dans les États membres, à pénaliser la politique de concurrence (par comparaison avec les politiques 4. Looking across legal systems (of the EU Member States, and of third countries, américaine et communautaire) ? Troisièmement, la répression in particular English-speaking third countries), criminal law, as opposed to public (Art. Intellectuelle). Personal use of this document is authorised within the limits Art.Intellectuelle and DRM protection. L. 335-2 Code de la Propriété L 122-5 pénale en droit de la concurrence, et plus particulièrement law enforcement of a civil or administrative nature, appears to have the following six les peines d’emprisonnement, sont-elles souhaitables (que 4 ce soit au niveau des États membres ou des institutions de distinguishing characteristics. l’UE, ou dans le cadre d’une harmonisation communautaire)? Quatrièmement, une mise en œuvre pénale du droit de la concurrence au niveau de chaque État membre est-elle problématique, sans pénalisation au niveau des institutions 2.1. Criminal penalties de l’UE, ni harmonisation européenne ? Cinquièmement, est-il juridiquement envisageable de procéder à une pénalisation 5. First, it appears that criminal law has a monopoly on the use of imprisonment. au niveau des institutions de l’UE ou au niveau des Etats Whereas fines can be either criminal or civil or administrative, imprisonment appears membres par la voie d’une harmonisation ? to be essentially a criminal sanction. The possibility of a prison sanction does not seem to be a necessary condition for a prohibited act or an enforcement procedure to be criminal, but it is certainly a sufficient condition. * Paper first presented at the Amsterdam Center for Law and Economics (ACLE) Conference Remedies and 6. Compared with civil or administrative enforcement, criminal enforcement tends to Sanctions in Competition Policy (Amsterdam, 17-18 February 2005) forthcoming in K.J. Cseres, M.P. Schinkel make relatively more use of penalties imposed on individuals (natural persons), and and F.O.W. Vogelaar (eds), Remedies and Sanctions in relatively less of penalties imposed on corporate entities or legal persons. Individual Competition Policy: Economic and Legal Implications of penalties are however neither a necessary nor a sufficient condition for enforcement the Tendency to Criminalize Antitrust Enforcement in the EU Member States (Edward Elgar, 2005) also published to be criminal. In Denmark, for instance, violations of Articles 81 and 82 EC and in World Competition, Volume 28, No. 2, June 2005, pp. of the parallel prohibitions under national competition law are punished with fines, 117-159, French translation forthcoming in Revue Lamy de la Concurrence, September 2005; republished online in Concurrences with the authorisation of the author. 1 Council Regulation (EC) No 1/2003 of 16 December 2002 on the implementation of the rules of competition laid down in The author gratefully acknowledges comments and Articles 81 and 82 of the Treaty [2003] OJ L1/1. This regulation has replaced, as of 1 May 2004, Council Regulation No 17 [1962] OJ 13/204 (Special English Edition 1959-62, p 87). contributions received from Margaret Bloom, Leo Flynn, Céline Gauer, Nicholas Khan, Clemens Ladenburger, 2 On the interpretation of this provision, see paragraphs 37 and 38 below, and further W.P.J. Wils, Principles of European Kirti Mehta, Walter Mölls, Andreas Reindl and Geert Wils. Antitrust Enforcement (Hart Publishing 2005), section 1.1.4.3.3 (footnote 88). All views expressed in this paper are strictly personal to 3 On the meaning of this sentence, see paragraph 62 below; see also paragraph 149 below as to the use of the word “criminal” in the author, and should not be construed as reflecting the the text of the EC Treaty. opinion of the European Commission, its Legal Service or any of the above mentioned persons. 4 See W.P.J. Wils, The Optimal Enforcement of EC Antitrust Law (Kluwer Law International 2002), section 8.7.2.1. délit pénalement sanctionné jusqu'à 3 ans d'emprisonnement et 300 000 € d'amende utilisation non autorisée constitue une contrefaçon, d'auteur par les conventions internationalesintellectuelle du 1er juillet 1992. Toute du droit en vigueur et le Code de la propriété au titre Ce document est protégé pouvant accompagner ce document. T personnelle est strictement autorisée dans les limites de l’articletechniques protection L. 122 5 CPI et des mesures CPI). L’utilisation (art. L. 335-2 constitutes a violation of the publisher's rights and may be punished by up to 3 years imprisonment € 300 000 fine Concurrences N° 1-2006 I Doctrines I W. P. J. Wils, Is criminalization of EU competition law the answer? 1 which are of a criminal law nature, but which are in practice 2.6. Criminal rights of defence only imposed on undertakings, not on natural persons. In Germany, on the other hand, leaving aside the specific 11. Finally, criminal procedures tend to have stronger criminal law provisions on bid-rigging, violations of Articles procedural protections, designed to avoid false convictions. In 81 and 82 EC and of the parallel national prohibitions particular, in criminal enforcement systems the adjudicative are punished through fines, which are imposed on natural or decision-making function is always separated from the 9 persons, and only derivatively also on undertakings, but investigative and prosecutorial function or functions. 5 which are of an administrative law nature. Whereas it appears to be a necessary condition of criminal enforcement that the body which imposes the criminal penalties is separate and independent from the investigator 2.2. Criminal intent and prosecutor, it is however not a sufficient condition. In 7. Second, the commission of a criminal offence usually Finland, for instance, violations of Articles 81 and 82 EC and requires that the prohibited act be committed with a guilty of the parallel national prohibitions are punished with fines state of mind (criminal intent), not by mere negligence. on undertakings, which are of an administrative law nature, but which are imposed by the Market Court, a specialised court which is entirely separate and independent from the 2.3. Moral condemnation Competition Authority, which acts as investigator and prosecutor. In criminal enforcement systems, the standard 8. Third, the imposition of criminal sanctions carries, and is of proof for establishing violations also tends to be higher. designed to carry, a stigma effect. Criminal enforcement has In the English-speaking countries, criminal convictions a stronger message-sending role or expressive function than normally require proof “beyond reasonable doubt”, whereas 6 civil or administrative enforcement. civil or administrative findings can normally be made by“ a preponderance of the evidence” or a “balance of probabilities”.
Recommended publications
  • Cartels and Bribes∗
    Cartels and Bribes∗ Roberto Burguet† Elisabetta Iossa‡ Giancarlo Spagnolo§ 4 June 2021 Abstract We study the relationship between collusion and corruption in a stylized model of repeated procurement where the cost of reporting corrupt bureaucrats gives rise to a free riding problem. As in Dixit(2015, 2016), cooperation among honest suppliers alleviates free-riding in reporting. However, it also facilitates collusion in bidding by increasing the value of the collusive rent. In turn, bidding collusion facilitates cooperation in reporting by increasing the value of having honest bureaucrats, gen- erating a trade-off. When the likelihood of corruption is high and competition is weak, collusion may be a price worth paying to curb corruption. Keywords: Bribes, cartels, collusion, corruption, free-riding. JEL Classification: D44, D73, H57, L41. 1 Introduction Cartels and corruption are widespread problems but the relationship between the two is not yet fully understood, nor taken into account by policymakers.1 The phenomena often coexist in public procurement markets.2 Corrupt public servants may collaborate with ring members against non-members or new entrants, helping to enforce collusive ∗For useful comments, we wish to thank Xavier Vives and seminar participants at CRESSE (Crete, July 2019). We gratefully acknowledge financial support from the Italian Ministry of Education, Grant n. 2017Y 5PJ43_001 PRIN 2017. †Uniersity of Central Florida. ‡University of Rome Tor Vergata, GREEN-Bocconi. §University of Rome Tor Vergata and SITE - Stockholm School of Economics 1See Burguet et al.(2018) and Luz and Spagnolo(2017). 2For a general discussion on how bid rigging in procurement works, see Harrington et al.(2006) and Marshall and Marx(2009, 2012).
    [Show full text]
  • Manufacturing a German Model of Liberal Capitalism: the Political Economy of the German Cartel Law in the Early Postwar Period
    JOURNAL OF INTERNATIONAL AND AREA STUDIES 41 Volume 10, Number 1, 2003, pp.41-57 Manufacturing a German Model of Liberal Capitalism: The Political Economy of the German Cartel Law in the Early Postwar Period Chansoo Cho∗ This article examines the West German cartel policy process during the early 1950s. Decartelization was one of the top priority agendas of the United States, which was operating as a new stabilizer of bourgeois Europe during this time. The combined efforts of Americans and their German allies to liberalize Germany’s organized capitalism met with fierce resistance from both much of the business community and ordinary Germans. It took almost a decade for the Germans to conclude a cartel law, and it was a political process wherein different sectors of industry, Christian Democrats, and U.S. policymakers interacted with each other. A jointed approach that combines two-level games and sectoral analysis is useful to understanding the divergence of decartelization and deconcentration in Germany, which had the effect of watering down the original cartel law. The German experience provides a case of embedding liberalism into an illiberal social purpose that was to maintain cooperation within the markets. Keywords: cartel law, decartelization, deconcentration, Germany, U.S. foreign policy, Erhard, social market economy, two-level games, sectoral analysis 1. CONSTRUCTING ANOTHER GERMAN SONDERWEG This article examines the policy process of the West German cartel legislation in the early 1950s. The problem of the cartel policy was one of the crucial political arenas in which key domestic interests within West Germany and international forces driven largely by the United States contested for their own positions.
    [Show full text]
  • Effects of Different Cartel Policies: Evidence from the German Power-Cable Industry
    No 108 Effects of Different Cartel Policies: Evidence from the German Power-Cable Industry Hans-Theo Normann, Elaine S.Tan September 2013 IMPRINT DICE DISCUSSION PAPER Published by düsseldorf university press (dup) on behalf of Heinrich‐Heine‐Universität Düsseldorf, Faculty of Economics, Düsseldorf Institute for Competition Economics (DICE), Universitätsstraße 1, 40225 Düsseldorf, Germany www.dice.hhu.de Editor: Prof. Dr. Hans‐Theo Normann Düsseldorf Institute for Competition Economics (DICE) Phone: +49(0) 211‐81‐15125, e‐mail: [email protected] DICE DISCUSSION PAPER All rights reserved. Düsseldorf, Germany, 2013 ISSN 2190‐9938 (online) – ISBN 978‐3‐86304‐107‐6 The working papers published in the Series constitute work in progress circulated to stimulate discussion and critical comments. Views expressed represent exclusively the authors’ own opinions and do not necessarily reflect those of the editor. Effects of Different Cartel Policies: Evidence from the German Power-Cable Industry∗ Hans-Theo Normann Duesseldorf Institute for Competition Economics (DICE) Heinreich-Heine University Duesseldorf [email protected] Elaine S. Tan Department of Economics, Royal Holloway, University of London [email protected] September 2013 Abstract We analyze the effects of cartel policies on firm behavior using data from the German power- cable cartel. Antitrust authorities affected the cartel under two different legal regimes: penaliz- ing the cartel in some years, and exempting it for ten years from the general cartel prohibition. While penalties did not reduce prices or profits, making collusion legal raised profits by at least 16% each year, compared to the time when the illegal cartel was not prosecuted. The threat of penalties was sufficient to reduce profit from collusion.
    [Show full text]
  • The Persistence of Elites and the Legacy of I.G. Farben, A.G
    Portland State University PDXScholar Dissertations and Theses Dissertations and Theses 5-7-1997 The Persistence of Elites and the Legacy of I.G. Farben, A.G. Robert Arthur Reinert Portland State University Follow this and additional works at: https://pdxscholar.library.pdx.edu/open_access_etds Part of the History Commons Let us know how access to this document benefits ou.y Recommended Citation Reinert, Robert Arthur, "The Persistence of Elites and the Legacy of I.G. Farben, A.G." (1997). Dissertations and Theses. Paper 5302. https://doi.org/10.15760/etd.7175 This Thesis is brought to you for free and open access. It has been accepted for inclusion in Dissertations and Theses by an authorized administrator of PDXScholar. Please contact us if we can make this document more accessible: [email protected]. THESIS APPROVAL The abstract and thesis of Robert Arthur Reinert for the Master of Arts in History were presented May 7, 1997, and accepted by the thesis committee and department. COMMITTEE APPROVALS: Sean Dobson, Chair ~IReard~n Louis Elteto Representative of the Office of Graduate Studies DEPARTMENT APPROVAL: [)fl Dodds Department of History * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ACCEPTED FOR PORTLAND STATE UNIVERSITY BY THE LIBRARY by on ct</ ~~ /997 ABSTRACT An abstract of the thesis of Robert Arthur Reinert for the Master of Arts in History presented May 7, 1997. Title: The Persistence of Elites and the Legacy of LG. Farben, A.G .. On a massive scale, German business elites linked their professional ambitions to the affairs of the Nazi State. By 1937, the chemical giant, l.G. Farben, became completely "Nazified" and provided Hitler with materials which were essential to conduct war.
    [Show full text]
  • Collusion and Competition: the Electrical Engineering Industry In
    Collusion and Competition:The Electrical Engineering Industry in the United Kingdom and West Germany between 1945 and the Late 1960s Josef Reindl 1 DepartmentofModern History Lud•vig-Maximilians-UniversitdtMiinchen Thispaper contrasts the development of theBritish and the West German electricalengineering industry in one of its mainproduct fields, power plant equipment.It will be arguedthat the outstanding characteristic of British electrical engineeringwas companies' widespread collusive behavior, which created weak competitivepressure. Relying on sustaineddemand from a nationalizedelectric utilityand protectedagainst foreign competition, British large-scale electrical manufacturersneglected export markets and the development and production of consumergoods. The absenceof strongcompetition also prevented an early reorganizationof the industry and allowed inefficient companies to remainin the market.These factors, together with the general problems and shortcomings of Britishindustry, which because they are well known will not be dealt with in this essay[Sked, 1987, pp. 3-39],contributed significantly to the declineof British electricalengineering in termsof marketshare (see Graph 1). In termsof employmentand output,the Britishand West German electricalengineering industries were of similarsize, with West Germany over- takingthe United Kingdom in thelate 1950s. British productivity, measured in outputper employee, was almost always higher than that in WestGermany (see Table1), becauseproduct fields with highcapital requirements but low
    [Show full text]
  • Anti-Monopoly Policy and New System of Large Corporate Groups
    con d E om n ic a s s J s o e u n r i n s a u l Yamazaki, Bus Eco J 2017, 8:2 B Business and Economics Journal ISSN: 2151-6219 DOI: 10.4172/2151-6219.1000294 Research Article Open Access Anti-monopoly Policy and New System of Large Corporate Groups in Germany after World War II Toshio Yamazaki * Ritsumeikan University, Japan *Corresponding author: Toshio Yamazaki, Ritsumeikan University, Japan, Tel: 81726652440; E-mail: [email protected] Received date: January 22, 2017, Accepted date: March 27, 2017, Published date: April 03, 2017 Copyright: © 2017 Yamazaki T. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. Abstract This paper discusses competition policy, in particular anti-monopoly policy and the development of a new system of industrial concentration in Germany after World War II. When examining industrial concentration in Germany, the cooperative mechanisms for corporations are the most characteristic manifestation of corporate group systems. Large corporate group systems evolved during the dissolution and reconcentration of monopolies after the war. Anti- monopoly policy influenced new developments in the system of large corporate groups. Therefore, this paper discusses anti-monopoly policy and the restructuring of a system for large corporate groups. It first examines influence of the US occupation policy on monopolies in relation to monopoly deconcentration policy and anti- monopoly policy in Germany. Next it analyzes anti-monopoly policy reform. Furthermore, it considers the restructuring of corporate group systems in relation to the dissolution of monopolies under the occupation policy and their reconcentration in the latter half of the 1950s.
    [Show full text]
  • ANTITRUST LEGISLATION and POLICY in GERMANY-A COMPARATIVE STUDY* Ivo E
    University of Pennsylvania Law Review FOUNDED 1852 Formerly American Law Register VOL. 105 MARCH, 1957 No. 5 ANTITRUST LEGISLATION AND POLICY IN GERMANY-A COMPARATIVE STUDY* Ivo E. Schwartzt At present, the German antitrust field is still regulated by several decartelization and deconcentration laws enacted by the three occupation powers in Western Germany. On May 5, 1955, the Bonn Conventions terminated the occupation regime and transferred supreme authority from the occupation authorities back to the German government. Under the Conventions, Allied laws remain in force as long as they are not replaced or repealed by the German legislature.' Now, the German Draft Law Against Restraints of Competition' is to replace the Allied decartelization law as Germany's own antitrust statute in accordance with present circumstances and the economic policy of the Adenauer * I am deeply indebted to Dean Edward S. Mason of the Graduate School of Public Administration, Harvard University, as well as to Professors Lon L. Fuller, Donald F. Turner and, particularly, Professor Kingman Brewster, Jr., of Harvard Law School. The paper has also benefited from many helpful suggestions of my friend Ernest Lamp-, Member, New York Bar; LL.B., 1941, Harvard. t Referendar, 1952, University of Freiburg; Assessor, 1955, Germany; LL.M., 1956, Harvard University. 1. See pp. 647-48 infra. 2. Entwurf eines Gesetzes gegen Wettbewerbsbechraenkungen, DETrTscHER BUNDESTAG DRUCKSAcHE No. 3462, 1. Wahlperiode (1949); DEUTSCHER BUMDESTAG DRUCESACHE No. 1158, 2. Wahlperiode app. 1 (1953) (hereinafter cited as Draft Law). The text of the draft law, with an unofficial English translation, is reprinted 1 & 2 WIPVscHAn UND W .vZrnSVZa[hereinafter W.W.] 432-59, 543 (Germany 1952).
    [Show full text]
  • Ordo and European Competition Law
    Ordo and European Competition Law Flavio Felice and Massimiliano Vatiero1 ABSTRACT. It is commonly “assumed,” even among well-informed lawyers and economists, that European competition law is an emulation of the US antitrust law because of American influence on European political and economic debates after the WWII. However, such an assumption is fundamentally wrong: the competition law in Europe is an indigenous product based primarily on ideas developed in Austria and Germany by the so-called Ordoliberal thought. Having witnessed the anticompetitive conducts of agents with economic power during the Weimar period to destroy political and social institutions, the main characteristic of the ordoliberalism is the need to protect individuals from the misuse of economic power in the market, i.e. abusive conduct of firm(s) with dominant position, beyond that from the misuse of public power. The aims of this article are to furnish a critical examination of Ordoliberal ideas of competition and anti-competitive conducts and underline the role of Ordoliberal thought on the origins and the development of the modern European competition law. Keywords: Ordoliberalism, Freiburg School, Social Market Economy, European Competition Law, Market Power. JEL Code: B13, B2, K21. 1 Flavio Felice, Pontificia Università Lateranense, Rome, Italy. Massimiliano Vatiero, Università della Svizzera italiana, Lugano, Switzerland, [email protected]. An earlier version of this paper circulated as “Concealed Ordoliberal Inheritances”. This article has benefited from correspondences and conversations with David Gerber and Nicola Giocoli. Authors also want to thank anonymous referee and the editor of this review. The usual disclaimers apply. 1. The European origins of the European competition law Europeans began to develop the idea of competition law around the end of the 18th century in Vienna, the true core of the European competition law tradition.
    [Show full text]
  • Tales of Yankee Power, Globalization, and the Transformation of Economy by Cartel in the European Union
    University of Florida Levin College of Law UF Law Scholarship Repository UF Law Faculty Publications Faculty Scholarship 2004 Sleeping With the Enemy: Tales of Yankee Power, Globalization, and the Transformation of Economy by Cartel in the European Union Clifford A. Jones University of Florida Levin College of Law, [email protected] Follow this and additional works at: https://scholarship.law.ufl.edu/facultypub Part of the Antitrust and Trade Regulation Commons Recommended Citation Clifford A. Jones, Sleeping With the Enemy: Tales of Yankee Power, Globalization, and the Transformation of Economy by Cartel in the European Union, 36 Geo. Wash. Int'l L. Rev. 1263 (2004) (reviewing Christopher Harding & Julian Joshua, Regulating Cartels in Europe: A Study of Legal Control of Corporate Delinquency (2003)), available at http://scholarship.law.ufl.edu/facultypub/291 This Book Review is brought to you for free and open access by the Faculty Scholarship at UF Law Scholarship Repository. It has been accepted for inclusion in UF Law Faculty Publications by an authorized administrator of UF Law Scholarship Repository. For more information, please contact [email protected]. BOOK REVIEW SLEEPING WITH THE ENEMY: TALES OF YANKEE POWER, GLOBALIZATION, AND THE TRANSFORMATION OF ECONOMY BY CARTEL IN THE EUROPEAN UNION CLIFFORD A. JONES* Regulating Cartels in Europe: A Study of Legal Control of CorporateDelin- quency. Christopher Harding and Julian Joshua. Oxford: Oxford University Press, 2003. Pp. 230, $74.00 (Hardcover). Christopher Harding and Julian Joshua's Regulating Cartels in Europe: A Study of Legal Control of Corporate Delinquency (Regulating Cartels) is a significant and well-written book that deserves to be widely read by scholars, practitioners, and students in the United States as well as in Europe and other jurisdictions with antitrust laws.
    [Show full text]
  • Maxeiner, Policy and Methods in German and American Antitrust Law: a Comparative Study
    Fordham International Law Journal Volume 10, Issue 2 1986 Article 8 Maxeiner, Policy and Methods in German and American Antitrust Law: A Comparative Study W. David Braun∗ ∗ Copyright c 1986 by the authors. Fordham International Law Journal is produced by The Berke- ley Electronic Press (bepress). http://ir.lawnet.fordham.edu/ilj Maxeiner, Policy and Methods in German and American Antitrust Law: A Comparative Study W. David Braun Abstract This thoughtful contribution to American and German legal literature provides valuable in- sights for a reader interested in comparing the decisionmaking methodology under the West Ger- man and American systems of antitrust law. The work also provides a broader discussion of key distinctions between the jurisprudential and systematic foundations of West Germany’s continental legal system and those of the Anglo-American common law system. BOOK REVIEWS POLICY AND METHODS IN GERMAN AND AMERICAN ANTITRUST LAW: A COMPARATIVE STUDY. BY JAMES R. MAXEINER. New York, N.Y.: Praeger, 1986. xiii + 174 pp. $37.50. ISBN 0-275-92113-1. Reviewed by W. David Braun* This thoughtful contribution to American and German legal literature provides valuable insights for a reader inter- ested in comparing the decisionmaking methodology under the West German and American systems of antitrust law. The work also provides a broader discussion of key distinctions be- tween the jurisprudential and systematic foundations of West Germany's continental legal system and those of the Anglo- American common law system. The book is a product of a dis- sertation that Dr. Maxeiner prepared while he was at the Max- Planck-Institute for Foreign and International Patent, Copy- right and Competition Law in Munich, West Germany.
    [Show full text]
  • The Scale and Geography of Collusion in the European Market a Longitudinal View Buch-Hansen, Hubert; Levallois, Clement
    The Scale and Geography of Collusion in the European Market A Longitudinal View Buch-Hansen, Hubert; Levallois, Clement Document Version Accepted author manuscript Published in: Journal of Common Market Studies DOI: 10.1111/jcms.12232 Publication date: 2015 License Unspecified Citation for published version (APA): Buch-Hansen, H., & Levallois, C. (2015). The Scale and Geography of Collusion in the European Market: A Longitudinal View. Journal of Common Market Studies, 53(4), 737-752. https://doi.org/10.1111/jcms.12232 Link to publication in CBS Research Portal General rights Copyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights. Take down policy If you believe that this document breaches copyright please contact us ([email protected]) providing details, and we will remove access to the work immediately and investigate your claim. Download date: 03. Oct. 2021 The Scale and Geography of Collusion in the European Market: A Longitudinal View Hubert Buch-Hansen and Clement Levallois Journal article (Post print version) This is the peer reviewed version of the following article: The Scale and Geography of Collusion in the European Market : A Longitudinal View. / Buch-Hansen, Hubert; Levallois, Clement. In: Journal of Common Market Studies, Vol. 53, No. 4, 07.2015, p. 737-752, which has been published in final form at 10.1111/jcms.12232. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.
    [Show full text]
  • Economic Policy and the Monopoly Problem Dilley
    www.ssoar.info Economic policy and the monopoly problem Dilley Veröffentlichungsversion / Published Version Sammelwerksbeitrag / collection article Empfohlene Zitierung / Suggested Citation: Dilley (1948). Economic policy and the monopoly problem. In Verhandlungen des 8. Deutschen Soziologentages vom 19.-21. September 1946 in Frankfurt am Main: Vorträge und Diskussionen in der Hauptversammlung und in den Sitzungen der Untergruppen (pp. 115-134). Tübingen: Mohr Siebeck. https://nbn-resolving.org/urn:nbn:de:0168- ssoar-190236 Nutzungsbedingungen: Terms of use: Dieser Text wird unter einer Deposit-Lizenz (Keine This document is made available under Deposit Licence (No Weiterverbreitung - keine Bearbeitung) zur Verfügung gestellt. Redistribution - no modifications). We grant a non-exclusive, non- Gewährt wird ein nicht exklusives, nicht übertragbares, transferable, individual and limited right to using this document. persönliches und beschränktes Recht auf Nutzung dieses This document is solely intended for your personal, non- Dokuments. Dieses Dokument ist ausschließlich für commercial use. All of the copies of this documents must retain den persönlichen, nicht-kommerziellen Gebrauch bestimmt. all copyright information and other information regarding legal Auf sämtlichen Kopien dieses Dokuments müssen alle protection. You are not allowed to alter this document in any Urheberrechtshinweise und sonstigen Hinweise auf gesetzlichen way, to copy it for public or commercial purposes, to exhibit the Schutz beibehalten werden. Sie dürfen dieses Dokument document in public, to perform, distribute or otherwise use the nicht in irgendeiner Weise abändern, noch dürfen Sie document in public. dieses Dokument für öffentliche oder kommerzielle Zwecke By using this particular document, you accept the above-stated vervielfältigen, öffentlich ausstellen, aufführen, vertreiben oder conditions of use.
    [Show full text]