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Reconstructing the International Cartel Enforcement Framework: Theoretical Possibilities and Pragmatic Alternatives

This paper will argue that, considering the massive growth of international cartels, competition agencies need to rethink the way that they investigate and enforce their antitrust laws. In particular, it will argue that there should be a type of global network that provides a legislative framework for common leniency applicants and the free flow of information sharing. Unfortunately, the current legal barriers to information sharing and the distinctive issues faced by developing competition agencies suggest that a Global Competition Network (GCN) is unlikely. Therefore, a pragmatic alternative to creating a GCN would be to create Regional Competition Networks (RCN) with a global forum to discuss international cartel investigations and policy.