International Competition Law 1 Topic : International Competition Law: Cartel Case Paper Type : Assignment Word Count : 7500 Words Pages : 30 pages Referencing Style : Oxford Referencing Education Level: Bachelors International Competition Law: Cartel Case [Author Name] [Institute Name] International Competition Law 2 Executive Summary The economic competition in the European view does not have a logical theory of efficiency in allocating resources to the market of justice. The positive law proceeds at incriminating and fining with arbitrarily fixed fine and players on different markets however not offering a definition of what is meant by competition or free market. It delivers a sort of theory however; some people argue that it is not coherent. The present paper discusses the various aspects of the International competition law under the light cartel case of car glad in which EC decided to fine the car glass suppliers Saint-Gobain, Pilkington, AGC and Soliver with 1.4 billion Euros for being responsible for cartelizing and on the basis of the free competition theory. Key Words: Cartel, car glass, competition law International Competition Law 3 Table of Contents Executive Summary ........................................................................................................................ 2 1. Introduction ............................................................................................................................. 5 2. The International Competition Law ........................................................................................ 8 2.1. Why a competition law? ................................................................................................... 9 2.1.1. Theoretical Perspective ............................................................................................. 9 2.1.2. Types of offenses and requirements of competition law .......................................... 9 2.2. Sanctions on competition law ........................................................................................ 10 2.2.1. Penalties .................................................................................................................. 10 2.2.2. Competition authorities ........................................................................................... 10 3. The Cartel Case and the European Commission ................................................................... 11 4. Commencement of the infringement ..................................................................................... 12 4.1. 1998 ................................................................................................................................ 12 4.2. 1999 ................................................................................................................................ 13 4.3. 2000 ................................................................................................................................ 13 4.4. 2001 ................................................................................................................................ 14 4.5. 2002 ................................................................................................................................ 14 4.6. 2003 ................................................................................................................................ 14 5. The Leniency Programs ......................................................................................................... 15 5.1. Leniency programs in the fight against cartels................................................................... 15 5.1.1. Effective tool for obtaining best evidence ................................................................... 15 5.1.2. Leniency programs favor destabilize cartels ............................................................... 17 6. European Commission: the cartel of automotive glass case .................................................. 20 6.1. Background convicted .................................................................................................... 20 6.2. The premium for the information ................................................................................... 21 7. Fines for violating the Competition Law ............................................................................... 23 7.1. Purpose of the fines ........................................................................................................ 23 7.2. Calculating fines ............................................................................................................. 24 7.2.1. Percentage of sales value considered ...................................................................... 24 7.2.2. Duration ...........................................................................................................
Get 20% discount on your first order