The Interaction Between Competition Law and Corporate Governance (Global Competition Law and Economics Policy)
Cambridge University Press, 2/14/2019
EAN 9781108422499, ISBN10: 1108422497
Hardcover, 300 pages, 23.5 x 15.7 x 2.1 cm
Language: English
Florence Thépot provides the first systematic account of the interaction between competition law and corporate governance. She challenges the 'black box' conception of the firm- or 'undertaking' - in competition law, as applied to increasingly complex corporate relations. The book opens the 'black box' of the firm to understand the internal drivers of collusive behaviour, and proposes a unified approach to cartel enforcement, based on the agency theory. It explores key issues including corporate compliance programmes, the attribution of liability in corporate groups, and structural links between competitors, and should be read by anyone interested in how the evolution of the corporate landscape impacts competition law.
1. Introduction
2. Theoretical foundations
Part I. The Conception of the Firm
Moving Boundaries
3. The firm in competition law
4. The single entity doctrine in vertical relations
5. The single entity doctrine in horizontal relations
Part II. Opening the 'Black Box'
The Case of Cartels
6. Corporate governance insights into cartels
7. Cartel enforcement
sanctions and leniency
8. Cartel enforcement
corporate compliance programmes
9. Conclusion.