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How procedures shape substance: Institutional Design and Antitrust Evidentiary Standards

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  • Andreea Cosnita-Langlais

    (EconomiX - EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique)

  • Jean-Philippe Tropeano

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.
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Suggested Citation

  • Andreea Cosnita-Langlais & Jean-Philippe Tropeano, 2016. "How procedures shape substance: Institutional Design and Antitrust Evidentiary Standards," Post-Print hal-01668497, HAL.
  • Handle: RePEc:hal:journl:hal-01668497
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    References listed on IDEAS

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    1. Demougin, Dominique & Fluet, Claude, 2006. "Preponderance of evidence," European Economic Review, Elsevier, vol. 50(4), pages 963-976, May.
    2. Hüschelrath, Kai & Peyer, Sebastian, 2013. "Public and private enforcement of competition law: A differentiated approach," ZEW Discussion Papers 13-029, ZEW - Leibniz Centre for European Economic Research.
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    15. Kai Huschelrath & Sebastian Peyer, 2013. "Public and Private Enforcement of Competition Law A Differentiated Approach," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2013-05, Centre for Competition Policy, University of East Anglia, Norwich, UK..
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    Cited by:

    1. Alain Marciano & Giovanni Ramello & Hans-Bernd Schaefer, 2020. "Foreword, special issue: economic analysis of litigations 2," European Journal of Law and Economics, Springer, vol. 50(1), pages 1-5, August.

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    More about this item

    Keywords

    [No keyword available];

    JEL classification:

    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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