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From course:

Industrial Organisation 2022

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Question:

What can competition authorities do about cartels?

Author: Hjalmer Pedersen



Answer:

1. Prohibit the cartel 2. Competition authorities can hand over the cartel case to Special Economic and International Crime (SØIK) and creating a lawsuit. - Penalties may be fines and/or prison up to 6 years. Note: The Danish competition council is not the judicial authority in Denmark but may conclude voluntary settlement and fines for violation of DCA. 3. Competition authorities can receive a court order to raid a firm for information relating to the case (§18) 4. Granting leniency reductions for cartel members who whistle blow.


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