Cartels, markets and crime : a normative justification for the criminalisation of economic collusion

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Title:

Author:

Wardhaugh, Bruce, 1960- author.

ISBN:

9781107036307

9781107516809

9781139567497

9781107514034

Personal Author:

Wardhaugh, Bruce, 1960- author.

Physical Description:

xxx, 348 pages : illustrations ; 24 cm.

Series:

The Cambridge antitrust and competition law series

Cambridge antitrust and competition law series.

Contents:

Introduction -- 1. A normative approach to the criminalisation of cartel activity -- 2. Corporate responsibility, agency and the advantages of vicarious liability -- 3. Closing the deterrence gap: individual sanctions -- 4. The American experience of cartel control: values and effectiveness -- 5. The European experience -- 6. The UK experience -- 7. Internationalisation and transplantation -- Conclusion.

Abstract:

"As a means of industrial organization, cartels have had mixed acceptance in Europe after the end of the Industrial Revolution. In the late Nineteenth Century there were approximately four industry-wide cartels operating in Germany. By 1923, the figure had grown to over 1,500. Such organizations were a common, legal and (often) encouraged means of facilitating industrial and national development" -- Provided by publisher.

Subject Term:

Cartels -- Europe -- History.

Electronic Access:

Contributor biographical information http://catdir.loc.gov/catdir/enhancements/fy1310/2013016197-b.html
Publisher description http://catdir.loc.gov/catdir/enhancements/fy1310/2013016197-d.html
Table of contents only http://catdir.loc.gov/catdir/enhancements/fy1310/2013016197-t.html

Copies:

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Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:IIEMSA	1:GEN-BOOK	33168025776622	338.87 W265C 2014	1	Searching... Unknown

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Summary

This study of the normative justification for the use of criminal sanctions as a means of cartel control goes beyond the historical and economic viewpoints by adding a normative evaluation of anti-cartel regimes and analysing cartel control in the USA, Europe and the UK. The analysis is unique in seeking to establish why, in a liberal society, criminal sanctions should apply to individuals who participate in this sort of activity. Although cartels have been rhetorically likened to theft and fraud, there are significant differences. Notwithstanding these differences, Cartels, Markets and Crime presents an argument for the criminalisation of economic collusion and, with this argument in mind, analyses the regimes of the USA, EU and UK and considers the possibility of global convergence.