Séminaire GREDEG - Axel Gautier (Université de Liège)
"Optimal Enforcement of Competition Policy: The Commitments Procedure under Uncertainty"
| Quand ? |
Le 21-01-2016, de 14:00 à 15:30 |
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| Où ? | Salle Picasso |
| S'adresser à | Patrice Bougette |
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Axel Gautier
(Université de Liège)
Jeudi 21 janvier 2016
Résumé : Since the introduction of a commitments procedure in EU antitrust policy (Article 9 of Council Regulation 1/2003), the European Commission has extensively settled cases of alleged anticompetitive practices. In this paper, we use a formal model of law enforcement (Bebchuk, 1984; Shavell, 1988) to identify the optimal procedure to resolve cases in a context of uncertainty related to the law (L-uncertainty) and to the facts (F-uncertainty). We show that commitments are suboptimal when L-uncertainty is high. Furthermore, the generalized use of commitments creates an additional risk of underenforcement when F-uncertainty is significant.
Pour télécharger le papier : ici
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