Learning by litigating: An application to antitrust commitments

Andreea Cosnita-Langlais and Jean-Philippe Tropeano

International Journal of Industrial Organization, 2022, vol. 80, issue C

Abstract: 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.

Keywords: Antitrust; Commitments; Deterrence; Legal learning (search for similar items in EconPapers)
JEL-codes: D82 K21 L41 (search for similar items in EconPapers)
Date: 2022
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Related works:
Working Paper: Learning by Litigation:An Application to Antitrust Commitments (2022)
Working Paper: Learning by litigating: An application to antitrust commitments (2022)
Working Paper: Learning by litigating: An application to antitrust commitments (2022)
Working Paper: Learning by litigating: An application to antitrust commitments (2021)
Working Paper: Learning by litigating: An application to antitrust commitments (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:indorg:v:80:y:2022:i:c:s0167718721000874

DOI: 10.1016/j.ijindorg.2021.102795

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