We analyze the impact of the introduction of a commitments procedure in terms of efficiency and deterrence in antitrust contexts. This procedure consists in offering an immunity of fine to a firm in return for commitments that meet the competition concerns expressed to her. We first show that...

In this article, we analyze the characteristics of legal thresholds crossings in France during the years 2001 through 2003. Our data set created using the publications of the financial authorities and economic and financial data from Bloomberg comprises a total of 2.396 operations and displays a...