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Pré-Publication, Document De Travail Année : 2021

Learning by litigating: An application to antitrust commitments

Andreea Cosnita-Langlais
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  • PersonId : 836617
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Jean-Philippe Tropeano
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  • PersonId : 836618

Résumé

This paper examines the impact of commitment decisions on the efficiency of antitrust enforcement. We discuss the optimal use of commitments considering past rulings as a source of knowledge to better assess future similar antitrust cases. Our framework combines two key effects: the deterrence of the anticompetitive behavior by the different enforcement regimes, and the dynamic perspective through litigation as a source of learning. We show that if the level of penalty is high enough, the antitrust authorities undervalue the dynamic informational benefit of litigation and tend to over-use commitments.
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Dates et versions

hal-04159724 , version 1 (12-07-2023)

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  • HAL Id : hal-04159724 , version 1

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Andreea Cosnita-Langlais, Jean-Philippe Tropeano. Learning by litigating: An application to antitrust commitments. 2021. ⟨hal-04159724⟩
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