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  • Justus Liebig University Giessen
Previous institution JPMorgan Chase Next institution King & Wood Mallesons

Justus Liebig University Giessen

2021 Compliance

  • Antitrust Compliance: Collusion
    Focusing on collusive behavior, this chapter outlines the complexity associated with both ex ante designing of antitrust compliance programs and ex post assessment of their impact. Following an interdisciplinary review of relevant literature, the chapter provides a structured cost–benefit approach to compliance and challenges the idea that compliance cannot be rationalized. We recognize that measurement of compliance programs may be particularly difficult in light of the importance of less-tangible factors such as corporate culture. Yet, the chapter proposes that a principled approach to compliance would considerably support the work of practitioners. Future research should concentrate on studying the interaction effects of compliance mechanisms and corporate culture. Such large-scale empirical studies on individual and firm-specific factors of compliance might be promoted and coordinated by competition authorities.
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Meet the Jury

  • Daniel Sokol
    Wouter Wils
    Isolde Goggin
    Brian R. Henry
    Olivier Guersent
  • Timothy Lamb
    Gönenç Gürkaynak
    Roberto Rustichelli
    Zhijin Liu
    Andreas Stephan
  • Nicolas Charbit
    Renée DuPree
    William E. Kovacic
    Julia Holtz
    Anne Riley
  • Andrey Tsyganov
    Damien Neven
    Maria Coppola
    Jodie Williams
    Georges Decocq
  • Emmanuel Combe
    Douglas H. Ginsburg
    Susan Ning
    Isabelle De Silva
    Joshua H. Soven
  • Sarah Noel Flanagan
    Johanne Peyre
    Dirk Middelschulte
    Achet-Billa Saleh
    Marceline Tournier
  • Alex Kommatas
    Cani Fernández
    Fanny Méjane
    Rod Sims
    Andreas Mundt
  • Deborah Healey
    Eva W. Cole
    Marie-Pascale Heusse
    Alexandre Barreto De Souza
    Martijn Snoep
  • Sia Aik Kor
    Georg Götz
    Thomas Cheng Kin-Hon
    Martin d'Halluin
    Dr. Sanjay Kumar Pandey
  • Clara Ingen-Housz
    Matthew Boswell
    Edouard Verté
See all the members of the jury

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