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Competition Policy in the EUFifty Years on from the Treaty of Rome$
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Xavier Vives

Print publication date: 2009

Print ISBN-13: 9780199566358

Published to Oxford Scholarship Online: September 2009

DOI: 10.1093/acprof:oso/9780199566358.001.0001

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Cartels in the European Union: Economics, Law, Practice 1

Cartels in the European Union: Economics, Law, Practice 1

Chapter:
(p.95) 5 Cartels in the European Union: Economics, Law, Practice1
Source:
Competition Policy in the EU
Author(s):

Massimo Motta

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199566358.003.0005

This chapter first analyses the economics of collusion, explaining what collusion is, what its main ingredients are, and which factors facilitate it. It then reviews the European Union's experience in fighting cartels, by focusing on the standards of proving infringements and on the European Commission's enforcement policy. It argues that to a large extent EU cartel policy is now broadly in line with economic thinking.

Keywords:   collusion, cartels, EU competition law, infringements, enforcement policy

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