Constance Monnier-Schlumberger is an Associate Professor at the University of Paris 1 Panthéon-Sorbonne where she teaches competition policy and economics. She also teached at the French Business School ESCP Europe. Prior to her Economics Ph.D, she studied Political Sciences at the Institut d’Etudes Politiques de Paris (Sciences Po), economics at the Univeristy Paris 1 and at the University of Birmingham (U.K), as well as European law at the Univeristy of Paris 1 Panthéon-Sorbonne. Since 2013, she serves as Non-Governmental Advisor to the International Competition Network. In this capacity, she has been taking part in the activities of the International Competition Network regarding cartels and abuses of dominant positions. Constance Monnier-Schlumberger’s publications deal with competition economics and policy, with a focus on cartels.
2021 Compliance
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Fight Against Cartels and Behaviour of ManagersThe initiative of Mr. Combe and Mrs. Monnier-Schlumberger consists of the article "Fight against cartels and behaviour of managers." Developed following the pioneering work of Gary Becker (1968), the economics of crime has mainly been mobilized in antitrust to analyze a firm’s decision to engage in a cartel: according to this approach, a firm is induced to form a cartel when the illicit gain resulting from this practice exceeds its expected cost, which depends both on the anticipated sanction and the probability of detection/conviction (see e.g. Connor and Lande [2012] for a synthesis of the literature). This approach, which focuses on legal persons (the company being considered as a single, global entity), however, leaves aside the question of the specific incentives for "managers" to engage in collusive practices, incentives which may not be aligned with those of shareholders or, conversely, may reinforce the latter’s interest in violating antitrust rules.
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Managerial Behaviour and Competition lawThis On-Topic set of articles discusses the role of managers in the commission of competition law infringements. It reviews the tools available to prevent these violations, in particular through compliance programs and individual sanctions. This set brings together contributions from practitioners, researchers and academics identifying advances and new issues on this innovative subject.