The Effectiveness of the Leniency Programme in the Deterrance of Cartels in the EU and Spain

Examination Thesis from the year 2021 in the subject Economics - Industrial Economics, grade: 2,0, University of Jaume I, language: English, abstract: This essay argues that while Leniency Programmes are a relatively new instrument in assisting authorities and still need improvement in some areas in order to further increase their effectiveness in deterring cartels, it is already clear that they are highly effective. It is therefore possible to deduce that, in the future, Leniency Programmes will play an even greater role in the proper functioning of markets and free competition. Special focus lies on respective examplary programmes in Spain and the European Union in general.