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  • 标题:Fighting Cartels: Some Economics of Council Regulation (EC) 1/2003
  • 本地全文:下载
  • 作者:Birgit E. Will Dieter Schmidtchen..
  • 期刊名称:Discussion Paper / Center for the Study of Law and Economics, Saarbrücken
  • 出版年度:2008
  • 卷号:2
  • 出版社:Center for the Study of Law and Economics
  • 摘要:This paper investigates the effectiveness of the new Council Regulation (EC) 1/2003 which replaces the mandatory notification and authorization system by a legal exception system. Effectiveness is operationalized via the two subcriteria compliance to Art. 81 EC Treaty and the probabilities of type I and type II errors committed by the European Commission. We identify four different types of Perfect Bayesian Nash Equilibria: fullcompliance, zero-compliance, positive-compliance and full-deterrence. We show that the Commission can, in principle, hit the full-compliance equilibrium, where the cartelizing firms fully obey the requirements of Art 81(3) EC Treaty and both error probabilities are zero.
  • 关键词:competition law, cartel law enforcement, legal exception, imperfect decision making, type I error, type II error
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