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Competition policy and agreements between firms

Competition policy and agreements between firms
Competition policy and agreements between firms
The European Commission recently considered abolishing the notification system and focusing on a regime of ex post investigations.
Our objective is to show that a better understanding of markets can justify this reform. When the precision of the competition authority's analysis is not high enough, an ex ante control, like the notification system, is preferable. On the other hand, if the decision accuracy improves, an ex post investigation regime achieves a higher social welfare.
Berges-Sennou, Fabian
625b38ed-70bf-4db5-bed6-21fb23561906
Loss, Frédéric
d2be2036-e565-429f-9ef1-380a2c7ea8b6
Malavolti-Grimal, Estelle
01b8a591-1509-4709-9303-870e3ea2d85b
Vergé, Thibaud
d4cfb087-7fd2-4612-8ebf-7057dc381d2e
Berges-Sennou, Fabian
625b38ed-70bf-4db5-bed6-21fb23561906
Loss, Frédéric
d2be2036-e565-429f-9ef1-380a2c7ea8b6
Malavolti-Grimal, Estelle
01b8a591-1509-4709-9303-870e3ea2d85b
Vergé, Thibaud
d4cfb087-7fd2-4612-8ebf-7057dc381d2e

Berges-Sennou, Fabian, Loss, Frédéric, Malavolti-Grimal, Estelle and Vergé, Thibaud (2001) Competition policy and agreements between firms. CMPO Working Paper, (01/034).

Record type: Article

Abstract

The European Commission recently considered abolishing the notification system and focusing on a regime of ex post investigations.
Our objective is to show that a better understanding of markets can justify this reform. When the precision of the competition authority's analysis is not high enough, an ex ante control, like the notification system, is preferable. On the other hand, if the decision accuracy improves, an ex post investigation regime achieves a higher social welfare.

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More information

Published date: 2001

Identifiers

Local EPrints ID: 33365
URI: http://eprints.soton.ac.uk/id/eprint/33365
PURE UUID: eff010d2-f5fe-4c89-9e74-203d4a78fff1

Catalogue record

Date deposited: 16 May 2006
Last modified: 11 Dec 2021 15:20

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Contributors

Author: Fabian Berges-Sennou
Author: Frédéric Loss
Author: Estelle Malavolti-Grimal
Author: Thibaud Vergé

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