Rights statement: The final, definitive version of this article has been published in the Journal, The Antitrust Bulletin, 65 (3), 2020, © SAGE Publications Ltd, 2020 by SAGE Publications Ltd at the The Antitrust Bulletin page: https://journals.sagepub.com/home/abx on SAGE Journals Online: http://journals.sagepub.com/
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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
}
TY - JOUR
T1 - The “Public” Wrong of Cartels and the Article 101 TFEU “Object Box”
AU - MacCulloch, A.
N1 - The final, definitive version of this article has been published in the Journal, The Antitrust Bulletin, 65 (3), 2020, © SAGE Publications Ltd, 2020 by SAGE Publications Ltd at the The Antitrust Bulletin page: https://journals.sagepub.com/home/abx on SAGE Journals Online: http://journals.sagepub.com/
PY - 2020/7/24
Y1 - 2020/7/24
N2 - The criminalization of cartel behavior in the UK turned attention to the criminal wrong at the heart of cartels. An understanding of the true nature of the cartel problem can also be used to develop a better understanding of Art 101 TFEU. This article uses the literature on the wrongfulness of cartels to examine how cartel behavior has the “object” of restricting competition within the terms of Art 101 TFEU. It pays particular attention to cases at the periphery of cartel behavior. The literature focuses on the importance of free markets as public institutions. Cartels are perceived as being a species of “cheating” which deserves opprobrium as it goes against the legitimate expectations of market participants. A reexamination of the cartel periphery cases involving information exchange and cartel facilitation using this lens shows a novel understanding of how these cases fit within the Art 101 TFEU “object box.”
AB - The criminalization of cartel behavior in the UK turned attention to the criminal wrong at the heart of cartels. An understanding of the true nature of the cartel problem can also be used to develop a better understanding of Art 101 TFEU. This article uses the literature on the wrongfulness of cartels to examine how cartel behavior has the “object” of restricting competition within the terms of Art 101 TFEU. It pays particular attention to cases at the periphery of cartel behavior. The literature focuses on the importance of free markets as public institutions. Cartels are perceived as being a species of “cheating” which deserves opprobrium as it goes against the legitimate expectations of market participants. A reexamination of the cartel periphery cases involving information exchange and cartel facilitation using this lens shows a novel understanding of how these cases fit within the Art 101 TFEU “object box.”
KW - cartel facilitation
KW - cartels
KW - cheating
KW - cover bidding
KW - criminalization
KW - information exchange
U2 - 10.1177/0003603X20929120
DO - 10.1177/0003603X20929120
M3 - Journal article
VL - 65
SP - 361
EP - 375
JO - Antitrust Bulletin
JF - Antitrust Bulletin
SN - 0003-603X
IS - 3
ER -