How procedures shape substance: institutional design and antitrust evidentiary standards
Andreea Cosnita-Langlais and
Jean-Philippe Tropeano
European Journal of Law and Economics, 2018, vol. 46, issue 1, No 6, 143-164
Abstract:
Abstract This paper studies the relative impact of public and private competition law enforcement on the optimal evidence threshold for antitrust liability with asymmetric information on the true type of the defendant. We also determine how to set monetary transfers (award to plaintiff and payment by defendant) in complement to the optimal standard of evidence. We obtain that stronger public enforcement always leads to a lower optimal standard of evidence. This may only enhance welfare if the information available is good enough.
Keywords: Antitrust; Public and private enforcement; Evidence threshold; Decoupling (search for similar items in EconPapers)
JEL-codes: D82 K21 L41 (search for similar items in EconPapers)
Date: 2018
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Working Paper: How procedures shape substance: institutional design and antitrust evidentiary standards (2018)
Working Paper: How procedures shape substance: institutional design and antitrust evidentiary standards (2018)
Working Paper: How procedures shape substance: Institutional Design and Antitrust Evidentiary Standards (2016)
Working Paper: How procedures shape substance: Institutional Design and Antitrust Evidentiary Standards (2016)
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DOI: 10.1007/s10657-018-9574-y
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