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000024932 008__ 080201s2008    xx |||||r|||| 00| 0 eng d
000024932 035__ $$a(wipo)0
000024932 035__ $$a(OCoLC)1158225814
000024932 040__ $$aSzGeWIPO$$beng$$erda$$cSzGeWIPO$$dCaBNVSL
000024932 041__ $$aeng
000024932 050_4 $$aK21$$b.S85
000024932 08204 $$a343.072105$$220
000024932 084__ $$a37$$qCH
000024932 1001_ $$aConnor, M. John.
000024932 24510 $$aGlobal Antitrust Prosecutions of International Cartels Focus on Asia.
000024932 264_1 $$a[Place of publication not identified] :$$b[Kluwer Law International (Alphen aan den Rijn, Países Bajos)],$$c2008.
000024932 300__ $$a1 volume ([30] pages) ;$$c[28] cm.
000024932 336__ $$atext$$btxt$$2rdacontent
000024932 337__ $$aunmediated$$bn$$2rdamedia
000024932 338__ $$avolume$$bnc$$2rdacarrier
000024932 4901_ $$aWorld Competition,$$x1011-4548 ;$$vCH 37 Dec 2008 Vol 31 No 4, pages 575-605
000024932 520__ $$aInternational cartelists today face antitrust investigations and possible fines in a score of national and supranational jurisdictions. This article aims at providing quantitative information about the size and impacts of international cartel activity in Asia and uses a sample of modern private cartels to evaluate the relative effectiveness of three prominent Asian antitrust authorities. The sample consists of legal and economic information on 433 international cartels detected in Asia and the rest of the world during 1990–2007.The need for assertive anti–cartel enforcement in Asia is demonstrated by the large affected commerce and economic injuries of known international cartels. Affected sales of detected Asian–region cartels combined with global cartels that fixed prices in Asia totals at least US $ 1.1 trillion in 1990–2007. The losses imposed on Asian consumers were at least $500 billion. While more than $45 billion in penalties has been imposed worldwide, it is doubtful that such monetary sanctions can deter modern international cartels. Optimal cartel deterrence is frustrated by the failure of compensatory private suits to take hold outside of North America, a reluctance to act against global cartels, and the low fines in most Asian jurisdictions. Of the three selected jurisdictions, the Korean FTC has the best record of anti–cartel enforcement in Asia, but even the KFTC?s surcharges are recouping less than 15 percent of damages to its citizens. Without significant increases in cartel detection, in the levels of expected fines or civil penalties, or expansion of the standing of buyers to seek compensation, international price fixing will remain rational business conduct.
000024932 650_0 $$aForeign trade regulation.
000024932 650_0 $$aCompetition, Unfair.
000024932 650_0 $$aCompetition, International.
000024932 650_4 $$aAntitrust Law$$zAsia
000024932 650_6 $$aConcurrence$$xDroit.
000024932 650_6 $$aCommerce extérieur$$xRéglementation.
000024932 650_6 $$aConcurrence internationale.
000024932 903__ $$aWorld Competition :$$vVolume 31, Issue 4 (575 – 605), 2008
000024932 904__ $$aJournal article
000024932 942__ $$cART$$jCH 37 Dec 2008 Vol 31 No 4$$2ddc
000024932 952__ $$w2009-02-09$$p2009-0170$$u38712$$bMAIN$$10$$kCH 37$$v2009-02-09$$70$$cMain Library$$yART
000024932 980__ $$aBIB
000024932 999__ $$c27242$$d27242