Dunne, Niamh (2014) Commitment decisions in EU competition law. Journal of Competition Law and Economics, 10 (2). pp. 399-444. ISSN 1744-6414
Full text not available from this repository.Abstract
Introduced into EU competition law by Article 9 of Regulation 1/2003, commitment decisions provide a settlement mechanism for Commission enforcement actions based upon concessions offered by defendant undertakings. The use of negotiated settlements is closely linked with the shift toward a more “regulatory” conception of competition law, however, and thus away from the orthodox antitrust paradigm. This article examines Commission practices to date under the commitment procedure, arguing that the enhanced flexibility and remedial choices available under Article 9 reflect characteristics more usually associated with the regulatory model. In view of the conventional criticisms of antitrust-as-regulation, the article furthermore considers the extent to which these regulatory attributes of the commitment procedure are problematic in practice, given that regulatory competition law does not incorporate the typical safeguards of ordinary regulation. The article concludes that, although the quasi-regulatory nature of commitment decisions is indisputable, its implications are more mixed. The increased effectiveness of Article 9, both as a means of alleviating market problems and of case disposition, must therefore be balanced against certain legitimacy and longer-term efficiency concerns.
| Item Type: | Article |
|---|---|
| Official URL: | http://jcle.oxfordjournals.org/ |
| Additional Information: | © 2015 The Author |
| Divisions: | LSE |
| Subjects: | K Law > K Law (General) |
| JEL classification: | K - Law and Economics > K2 - Regulation and Business Law > K21 - Antitrust Law K - Law and Economics > K2 - Regulation and Business Law > K23 - Regulated Industries and Administrative Law K - Law and Economics > K4 - Legal Procedure, the Legal System, and Illegal Behavior > K40 - General K - Law and Economics > K4 - Legal Procedure, the Legal System, and Illegal Behavior > K42 - Illegal Behavior and the Enforcement of Law |
| Date Deposited: | 25 Sep 2015 12:01 |
| Last Modified: | 14 Apr 2024 17:09 |
| URI: | http://eprints.lse.ac.uk/id/eprint/63751 |
Actions (login required)
 |
View Item |
