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Sergey Petrov, Aleksandr Shmakov, AN ECONOMIC APPROACH TOWARDS FINE VALUE OPTIMIZATION FOR ANTIMONOPOLY VIOLATIONS, Journal of Competition Law & Economics, Volume 11, Issue 3, September 2015, Pages 775–790, https://doi.org/10.1093/joclec/nhv012
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Abstract
The article proposes an approach to the identification of optimal fine value for the Antitrust Law violation based on the analysis of incentives of economic entities to violate the law. This approach was tested with the example of the oil industry and coal industry entities of the Russian economy.
© The Author 2015. Published by Oxford University Press. All rights reserved. For Permissions, please email: [email protected]
JEL
D02 - Institutions: Design, Formation, Operations, and Impact
D24 - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
D43 - Oligopoly and Other Forms of Market Imperfection
K21 - Antitrust Law
K23 - Regulated Industries and Administrative Law
L13 - Oligopoly and Other Imperfect Markets
L40 - General
L94 - Electric Utilities
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