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Business Articles Awards > Economics

Antitrust Compliance Programs from an Economic Perspective

Yajing Jiang et al., ABA Section of Antitrust Law Cartel and Criminal Practice Committee Newsletter, Issue 3

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Readers’ vote will close on February 9, 2018. Readers’ vote will allow you to nominate 1 article for each of the Awards, i.e., 10 Academic articles, 10 Business articles, and the best Soft Laws. The readers’ short-list of Academic and Business Articles will be communicated to the Board together with the 20 articles nominated by the Steering Committees. The Board will decide on the award-winning articles. Results will be announced at the Awards ceremony to take place in Washington DC on the eve of the ABA Antitrust Spring Meeting on April 10, 2018.

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This article analyzes the economic principles and trade-offs of Antitrust Compliance Programs (ATCPs). While we need to abstract from the specific facts to which an individual ATCP may be tailored, economics allows us to look at three “big picture” questions: (1) how can ATCPs solve compliance problems within the firm? (2) How much should a firm invest into ATCPs? And (3) should the government encourage firms to establish ATCPs by granting fine reductions?

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