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Hard core cartel prosecution is a priority policy objective of the OECD Competition Committee.  Strong sanctions are a necessary component of an effective antitrust enforcement policy against hard core cartels.  Sanctioning has an important purpose: deterrence against future activity of that kind.  An important supplement to fines against organisations for cartel conduct is sanctions against individuals for their participation in the conspiracy. These sanctions can take the form of substantial fines or, in some countries, the criminal sanction of imprisonment.  More

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Competition Law and Policy in Ukraine (Policy Brief)

07-Jul-2008

Ukrainian competition policy dates back to February 1992, shortly after independence from the Soviet Union, when the country’s first competition law was adopted as part of the effort to establish a market-based economy. The 2001 Law on the Protection of Economic Competition is the principal vehicle for competition law enforcement, and the 1996 Law on Protection against Unfair Competition deals with conduct by one company intended to exploit or injure the competitive vitality of a competing enterprise.
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The 2005 report focuses on four topics, including progress in member countries and observer countries in fighting cartels; public awareness of the harm casued by cartels, effective sanctions against cartel conduct, in particular sanctions against individuals; and international cooperation in cartel cases

Hard Core Cartels: Third Report on the Implementation of the 1998 Recommendation