Abstract
Differing application of leniency policies for cartel behaviour between jurisdictions - theoretical underpinnings of leniency policies – application of Prisoner's Dilemma - development of "Cartelist's Dilemma" model - Immunity Policy administered by the Australian Competition and Consumer Commission (ACCC) – proposals for reform – removal of coercer exemption – codification of "partial leniency" – limit on private actions with "bar orders" – increasing penalties for cartel conduct.
Kotzman, ‘The Cartelist’s Dilemma: Leniency Policies and Game Theory’ (2017) 25(1) Australian Journal of Competition and Consumer Law 22.