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How Can Governments, Regional Regulatory Bodies, and World Organizations Prevent Firms from Collusion?

In: Capitalism and the Social Relationship

Author

Listed:
  • Dominic DePersis

Abstract

Corruption has become a global phenomenon, effecting local, national, and global communities. In a 2013 report, U.N. Secretary General remarked, “Corruption undermines democracy and the rule of law. It leads to violations of human rights. It erodes public trust in government. It can even kill — for example, when corrupt officials allow medicines to be tampered with, or when they accept bribes that enable terrorist acts to take place.... It has adverse effects on the delivery of basic social services. It has a particularly harmful impact on the poor. And it is a major obstacle to achieving the Millennium Development Goals. (Office of the High Commissioner for United Nations Human Rights, 2013)” Various regulatory and legislative bodies throughout the world from national and regional government to the United Nation have been making attempts at curbing corruption and protecting individual citizens.

Suggested Citation

  • Dominic DePersis, 2014. "How Can Governments, Regional Regulatory Bodies, and World Organizations Prevent Firms from Collusion?," Palgrave Macmillan Books, in: Hamid Kazeroony & Agata Stachowicz-Stanusch (ed.), Capitalism and the Social Relationship, chapter 12, pages 197-210, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-32570-9_12
    DOI: 10.1057/9781137325709_12
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