The Economic Logic of the Leniency Program of Horizontal Monopoly Agreements from the Perspective of Digital Technology
The use of digital technology strengthens the asymmetry between operators and regula-tors about the monopoly agreements in terms of technology and information,raising the cost of identifi-cation and verification by regulators.By constructing a mathematical model,this article finds that the le-nient system of horizontal monopoly agreements weakens the motivation of cartel members to continue staying within the cartel by reducing the cost of cartel members exiting and reporting the cartel,allevi-ates the disadvantage of regulators compared to operators in the digital technology layer,and achieves the goal of reducing regulatory costs,improving regulatory efficiency,and overall social welfare.In ad-dition,based on the results of theoretical analysis,this article further explores the possible implementa-tion plans and targeted adjustment paths of the leniency system of horizontal monopoly agreements in the pre cartel supervision process in the field of digital economy,providing a theoretical basis for the formation of early cartel constraints.
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