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Article Dans Une Revue International Journal of Industrial Organization Année : 2022

Learning by litigating: An application to antitrust commitments

Andreea Cosnita-Langlais
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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

halshs-03673242 , version 1 (05-01-2024)

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Paternité - Pas d'utilisation commerciale

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Andreea Cosnita-Langlais, Jean-Philippe Tropeano. Learning by litigating: An application to antitrust commitments. International Journal of Industrial Organization, 2022, 80, ⟨10.1016/j.ijindorg.2021.102795⟩. ⟨halshs-03673242⟩
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