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Programas De Leniência, Corrupção E O Papel Da Corregedoria Da Autoridade Antitruste

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Author Info
Eduardo Athayde de Souza Moreira
Rodrigo Peñaloza
Abstract

Leniency programs have shown to be an important tool to fight cartels. By reducing fees or guaranteeing imunity against criminal prosecution, leniency programs provide incentives to cartelized firms to reveal the cartel activities. We reveal the recent literature on leniency programs as well as some real world experiences. Then we introduce corruption of the antitrust authorities into Motta and Polo's (2003) model and analyse its effects. We show that in order for the government to implement some parameters associated with leniency programs, it has to spend some money too to reduce corruptibility. Such spending may not always pay.

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Paper provided by ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics] in its series Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32th Brazilian Economics Meeting] with number 091.

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Date of creation: 2004
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Handle: RePEc:anp:en2004:091

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Find related papers by JEL classification:
K22 - Law and Economics - - Regulation and Business Law - - - Corporation and Securities Law
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices

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This page was last updated on 2009-10-21.

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