Competition

Competition and sanctions in antitrust cases

 

Paris, 2/12/16 - The 2016 OECD Global Forum on Competition will be discussing "Sanctions in antitrust cases" on its second day. 

Competition law offenders are often subject to fines (civil, administrative or criminal). Fines impose a cost on those companies or individuals undertaking illegal anticompetitive conduct. Breaking competition laws is profitable if it goes undetected. Fines play a role in deterrence by making unlawful conduct less profitable.

From the perspective of the company, it will not violate the law if the expected monetary sanctions are greater than the expected illegal gain. It may have a financial incentive to violate the law if the expected illegal gain is greater than the expected monetary sanctions. Behind this trend, a number of competition authorities have put forth a great deal of effort to adopt or revise their legislation or guidelines on fines.

This discussion addressed how sanctions including fines are applied in various jurisdictions and benefited from participating delegations' enforcement experiences. 

Download the 2016 Forum Agenda English   Français

Global Forum website • Full list of Competition Policy Roundtables

GLOBAL FORUM SESSION DOCUMENTATION

PANNELISTS, PAPERS AND PRESENTATIONS

Caron BEATON-WELLS Bio
Professor, University of Melbourne, Australia
presenting Criminal sanctions for cartel conduct – The leniency conundrum

Vani CHETTY Bio
Partner, Baker & McKenzie 
presenting Sanctions in antitrust cases - A South African perspective

John M. Connor Bio
Professor Emeritus, Purdue University, West Lafayette, US
presenting Global enforcement directed at international cartels:
A concise introduction and summary

Hwang LEE Bio
Porfessor, Korea University School of Law
presenting Antitrust fines in the era of globalization

KEY DOCUMENTS

Background paper by the Secretariat

Summary of written contributions

Call for contributions  

DOCUMENTATION CLÉ EN FRANÇAIS

Note de référence du Secrétariat

Appel à contributions

Note par Caron Beaton-Wells

Note par Vani Chetty

Note par John M. Connor

Note by Hwang Lee

Programme de la réunion de 2016

CONTRIBUTIONS FROM PARTICIPANTS

Summary of written contributions

Argentina

Australia

Austria

Brazil

Bulgaria

Canada English | Français

Chile 

Costa Rica 

Czech Republic

European Union

Georgia 

Hungary

India

Indonesia

Ireland

Japan

Korea

Lithuania

Mexico COFECE

Mexico IFT

The Netherlands

Pakistan

Peru

Portugal

 

Romania

Russian Federation

Serbia

Slovak Republic

South Africa

Sweden

Switzerland  English | Français

Chinese Taipei

Turkey

Ukraine

United Kingdom

United States 

BIAC

PRESENTATIONS

 

RELATED MATERIAL

 

 

OTHER 2016 FORUM SESSIONS

Relationship between Public and Private Antitrust Enforcement, OECD Best Practice Roundtables, 2015

Criteria for Setting Fines for Competition Law Infringements, Latin American Competition Forum 2013

Promoting Compliance with Competition Law, OECD Best Practices Roundtables, 2011

Access the full list of Competition Policy Roundtables

Link to the OECD Competition Home Page  

Promoting competition, Protecting human rights

Role of market studies as a tool to promote competition 

Independence of competition authorities - From designs to practices

Global Forum Programme and documents

 

 

Related Documents