ABSTRACT

This chapter examines the market in which cartels had been operating where there is barely any evidence of a recurrence of cartel activity, so that would seem to be a positive enforcement outcome. There is a complex and uncertain relationship between cartel termination and the operation of sanctions and leniency programmes. However, desistance in the immediate market is to be expected, and that appears to have happened in the cases reported in the biographies. There is another category of post-enforcement evidence which is worth some consideration, as an indicator of the impact of the anti-cartel enforcement process: the subsequent legal merger of corporate co-cartelists, or take-over of one by another, or transfer of part of a business from one to another. The British Marine Hose cartelists faced the full force of US criminal law enforcement and the distinction of prison terms in the UK, yet Bryan Allison's interview transcript conveys an impression of thoughtful reflection rather than deep embitterment.