Payouts, Protections Needed To Lure Antitrust Tipsters
By Eric Kroh (April 19, 2017, 7:29 PM EDT) -- As companies grow weary of the time and expense required to report anti-competitive behavior in their industry, competition authorities worldwide are expressing interest in enticing individual whistleblowers, but programs currently lack the incentives and legal protections that have attracted tipsters in other areas, experts say.
The U.K.'s Competition and Markets Authority last month announced it would pay rewards of up to £100,000 ($127,800) to those who come forward with information about cartel activity that leads to fines or criminal prosecution. The European Commission is also trying to lure whistleblowers to come forward, and last month announced a new system that allows potential informants...
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