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Preventing innovative cooperations: the legal exemptions unintended side effect

机译:阻止创新合作:法律豁免带来了意外的副作用

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摘要

In 2004, European competition law had been considerable changed by the introduction of the new Council Regulation No. 1/2003. One of the major renewals was the replacement of the centralized notification system for intercompany cooperations in favor of a so-called legal exemption system. We analyze the implications of this reform and its arising uncertainty on the agreements firms implement, especially on innovative agreements like vertical R&D agreements. By means of a decision theoretic approach, we show that the law's intention to reduce the incentive to establish illegal cartels will be reached but innovating cooperations might be prevented. To avoid this unintended side effect, fines but not the monitoring activities should be increased.
机译:2004年,通过引入新的理事会条例1/2003,欧洲竞争法发生了很大变化。主要更新之一是将集中式通知系统替换为公司间合作,而采用了所谓的法律豁免系统。我们分析了这项改革的含义及其带来的不确定性,这些变化对企业实施的协议,尤其是对垂直研发协议等创新协议的影响。通过决策理论方法,我们证明了法律旨在减少建立非法卡特尔动机的意图,但可能会阻止创新合作。为避免这种意外的副作用,应增加罚款,但不应增加监视活动。

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