This text provides clear answers to the major questions concerning the modernization of EC antitrust enforcement such as: should a notification system be maintained, or should the antitrust rules be enforced exclusively through deterrence?; and at what levels should fines be set?In the above example: if there is a real risk that five or ten years from now the distribution method will turn out to violate ... The fact that undertakings support risk-bearing costs due to uncertainty about the future application of the law does not constitute an argument against ex post enforcement. ... 30 L. Kaplow, a#39;An Economic Analysis of Legal Transitionsa#39; (1986) 99 Harvard Law Review 509 at 529.
|Title||:||The Optimal Enforcement of EC Antitrust Law|
|Author||:||Wouter P. J. Wils|
|Publisher||:||Kluwer Law International - 2002-01-01|