Browsing by Autor "Alexandre Girard"
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Item type: Item , Corporate Lobbying and Firm Performance(RELX Group (Netherlands), 2024) Alexandre Girard; Jean‐Yves Gnabo; Rodrigo Londoño van RuttenItem type: Item , Corporate Lobbying and Firm Performance(RELX Group (Netherlands), 2023) Alexandre Girard; Jean‐Yves Gnabo; Rodrigo Londoño van RuttenItem type: Item , Corporate Lobbying and Firm Performance Variability(RELX Group (Netherlands), 2023) Alexandre Girard; Jean‐Yves Gnabo; Rodrigo Londoño van RuttenItem type: Item , Lobbying and cartel enforcement(Taylor & Francis, 2025) Alexandre Girard; Jean‐Yves Gnabo; Rodrigo Londoño van RuttenThis article examines the effect of firms’ lobbying expenditures on penalties received from public competition authorities. We show that lobbying expenditures are negatively associated with the amount of the cartel sanction, across and within cartel. Our estimates also report that cartel sanctions are more responsive to lobbying expenditures when the lobbying firm qualifies for the leniency programme. If we consider lobbying expenditures as a proxy for informativeness, more uncertainty in uncovering the cartel incentivizes the antitrust authority to reduce the cartel sanction in exchange for lobby.Item type: Item , Lobbying and Cartel Enforcement(RELX Group (Netherlands), 2023) Alexandre Girard; Jean‐Yves Gnabo; Rodrigo Londoño van Rutten