Comparing an Apple with a Pear? The Australian Immunity Program and the Chinese Leniency Program
The US introduced the cartel leniency program in 1978. In the past two decades, there has been a surge in the implementation of leniency programs in more than sixty jurisdictions. Although there have been numerous scholarly discussions to support the cartel leniency program, inconsistent views exist...
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| Format: | Article |
| Language: | English |
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Bond University
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| Series: | Bond Law Review |
| Online Access: | http://blr.scholasticahq.com/article/5666-comparing-an-apple-with-a-pear-the-australian-immunity-program-and-the-chinese-leniency-program.pdf |
| _version_ | 1818352633199460352 |
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| author | Jinheng Feng Xiaomin Fang Vai Io Lo |
| author_facet | Jinheng Feng Xiaomin Fang Vai Io Lo |
| author_sort | Jinheng Feng |
| collection | DOAJ |
| description | The US introduced the cartel leniency program in 1978. In the past two decades, there has been a surge in the implementation of leniency programs in more than sixty jurisdictions. Although there have been numerous scholarly discussions to support the cartel leniency program, inconsistent views exist among different jurisdictions and stakeholders as to the effectiveness of the leniency program in practice. In evaluating new leniency programs, scholars and commentators have typically referred to the US and the EU models as benchmarks, but little attention has been paid to the question of whether it is desirable to apply these models in designing various leniency programs in different jurisdictions and societies. Given that Australia has recently revised its cartel immunity program for the third time, and that China’s competition authorities have proactively relied on the leniency concept to combat cartels in the past few years and are currently drafting a guideline for more effective implementation of the cartel leniency program, the time is now ripe for an apple-versus-pear comparison of these two immunity/leniency programs so as to provide more insights into the different institutional designs of immunity/leniency programs. |
| first_indexed | 2024-12-13T18:56:44Z |
| format | Article |
| id | doaj.art-514d2bb95f584c6b9d7162f7a5d036a4 |
| institution | Directory Open Access Journal |
| issn | 2202-4824 |
| language | English |
| last_indexed | 2024-12-13T18:56:44Z |
| publisher | Bond University |
| record_format | Article |
| series | Bond Law Review |
| spelling | doaj.art-514d2bb95f584c6b9d7162f7a5d036a42022-12-21T23:34:47ZengBond UniversityBond Law Review2202-4824Comparing an Apple with a Pear? The Australian Immunity Program and the Chinese Leniency ProgramJinheng FengXiaomin FangVai Io LoThe US introduced the cartel leniency program in 1978. In the past two decades, there has been a surge in the implementation of leniency programs in more than sixty jurisdictions. Although there have been numerous scholarly discussions to support the cartel leniency program, inconsistent views exist among different jurisdictions and stakeholders as to the effectiveness of the leniency program in practice. In evaluating new leniency programs, scholars and commentators have typically referred to the US and the EU models as benchmarks, but little attention has been paid to the question of whether it is desirable to apply these models in designing various leniency programs in different jurisdictions and societies. Given that Australia has recently revised its cartel immunity program for the third time, and that China’s competition authorities have proactively relied on the leniency concept to combat cartels in the past few years and are currently drafting a guideline for more effective implementation of the cartel leniency program, the time is now ripe for an apple-versus-pear comparison of these two immunity/leniency programs so as to provide more insights into the different institutional designs of immunity/leniency programs.http://blr.scholasticahq.com/article/5666-comparing-an-apple-with-a-pear-the-australian-immunity-program-and-the-chinese-leniency-program.pdf |
| spellingShingle | Jinheng Feng Xiaomin Fang Vai Io Lo Comparing an Apple with a Pear? The Australian Immunity Program and the Chinese Leniency Program Bond Law Review |
| title | Comparing an Apple with a Pear? The Australian Immunity Program and the Chinese Leniency Program |
| title_full | Comparing an Apple with a Pear? The Australian Immunity Program and the Chinese Leniency Program |
| title_fullStr | Comparing an Apple with a Pear? The Australian Immunity Program and the Chinese Leniency Program |
| title_full_unstemmed | Comparing an Apple with a Pear? The Australian Immunity Program and the Chinese Leniency Program |
| title_short | Comparing an Apple with a Pear? The Australian Immunity Program and the Chinese Leniency Program |
| title_sort | comparing an apple with a pear the australian immunity program and the chinese leniency program |
| url | http://blr.scholasticahq.com/article/5666-comparing-an-apple-with-a-pear-the-australian-immunity-program-and-the-chinese-leniency-program.pdf |
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