International practice of fight against illegal horizontal agreements (cartels) of enterprise subjects

2 Baku St. U. L.Rev. 70 (2015)
Article language: Azerbaijani.

In modern buisness, horizontal (cartel) agreements become one of the ways of controlling the market conditions for the benefits of agreed parties. The main idea of these agreements is creating uncompetitive market with different means to increase the profits of the group. This kind of agreements makes hard impact on the free economic market and violates the rights of the consumers, thereby cancelling growth of business incentives. The history and description of cartels, the concepts of investigating and legislation against the horizontal agreements, “Leniency” Program will be discussed in this article. In the end, conditions in order to improve “Leniency” Programs will be examined.

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