GAUTIER, Axel; PETIT, Nicolas - Center for Operations Research and Econometrics (CORE), … - 2014
Since the introduction of a formal commitments procedure in EU an- titrust policy (Article 9 of Council Regulation 1 … uncertainty related to the law (L-uncertainty) and to the facts (F-uncertainty). We show that commitments are subop- timal when L …-uncertainty is important. Furthermore, the generalized use of commitments creates an additional risk of under-enforcement when F …