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date: 18 January 2021

Abstract and Keywords

This chapter explores compliance in the antitrust context, reviewing both the antitrust and the non-antitrust literatures on compliance and corporate governance to provide a clearer picture of the extant literature and the theoretical and empirical gaps within the antitrust literature to better inform antitrust policy on detecting cartels. This chapter explores the scholarship both within and outside of antitrust to better understand internal detection of wrongdoing and improved compliance in the antitrust cartel context. It explores the organizational environment for antitrust compliance programs, firm and industry indicia that impact antitrust compliance, survey evidence and theoretical models on antitrust compliance, and the use of bounties to encourage compliance.

Keywords: compliance, antitrust, corporate governance, antitrust policy, cartels, antitrust compliance program, antitrust compliance, bounties

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