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Antitrust Settlements, Daniel L. Rubinfeld
Antitrust Settlements, Daniel L. Rubinfeld
Daniel L. Rubinfeld
This essay sketches out the conceptual framework underlying the settlement-trial decision and describes some of the empirical evidence concerning the settlement of public and private antitrust cases. Some emphasis is given to the expansive growth of public enforcement in countries outside the United States. Coupled with leniency programs, active public enforcement has encouraged settlement, which is turn has generated substantial public debate as to the deterrence value of settlement-driven policies.