발전기금
[경제학과] 3월 6일 BK 목요세미나 안내
- 진하은
- 2025-03-05
2025년 3월 6일 목요일에 진행되는 목요세미나 일정 안내 드립니다.
- 일시: 2025년 3월 6일 (목) 16:30 - 17:45
- 장소: 경영관 33503호
- 발표자: 김정열 교수님 (KDI School)
- 주제: Single- Multi-Jurisdictional Leniency Policies: An Experiment
- Abstract: As multinational corporations have become more common, the need for a multi-jurisdictional leniency program that allows antitrust authorities to recognize leniency applications submitted to other antitrust authorities has recently emerged. This paper employs a laboratory experiment to examine how multi-jurisdictional leniency policies affect cartel formation, deterrence, and detection compared with a single-jurisdictional policy. The findings confirm the deterrent effect of leniency policies on cross-border cartels but show that multi-jurisdictional leniency does not necessarily increase leniency applications. In particular, when antitrust authorities do not mutually guarantee full immunity for firms that self-report to different authorities, self-reporting declines, decreasing cartel exposure and increasing the number of successful cartels that are formed but remain unexposed.