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Quis custodiet Ipsos custodes? or measuring and evaluating the effectiveness of competition enforcement
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
2008 (English)In: De Economist, ISSN 0013-063X, E-ISSN 1572-9982, Vol. 156, no 4, 387-409 p.Article in journal (Refereed) Published
Abstract [en]

This article surveys, discusses and classifies methods for ex-post evaluation of the efficiency of competition authorities: court appeals, peer reviews, case studies, event studies, (authorities’ own) bottom-up calculations of consumer gains, deadweight-loss estimates, cross-country panel studies etc. Based on empirical estimates from other types of studies and on a simple oligopoly model, one conclusion is that many bottom-up calculations are based on exaggerated estimates of gains from cartel enforcement, relative to those from merger enforcement. Another conclusion is that authorities’ ex-post self evaluations are of limited value, relative to external evaluations.

Place, publisher, year, edition, pages
2008. Vol. 156, no 4, 387-409 p.
Keyword [en]
antitrust, cartels, merger policy, competition policy, ex-post evaluation, law enforcement
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:uu:diva-132329DOI: 10.1007/s10645-008-9101-6ISI: 000261374900004OAI: oai:DiVA.org:uu-132329DiVA: diva2:357514
Available from: 2010-10-18 Created: 2010-10-18 Last updated: 2017-12-12Bibliographically approved

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