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dc.contributor.authorKatsoulacos, Yannis
dc.contributor.authorUlph, David
dc.identifier.citationKatsoulacos , Y & Ulph , D 2023 , ' Choosing legal rules or standards in antitrust enforcement : a proposal for extending and facilitating the use of the decision-theoretic approach ' , Managerial and Decision Economics , vol. 44 , no. 4 , pp. 1876-1894 .
dc.identifier.otherPURE: 282587388
dc.identifier.otherPURE UUID: 298de829-c396-4f6c-8397-fb57e41441f8
dc.identifier.otherRIS: urn:76974E56D51C2D6EE7FCB1487FE9C555
dc.identifier.otherORCID: /0000-0003-3171-1270/work/124889207
dc.identifier.otherScopus: 85144133252
dc.identifier.otherWOS: 000898343600001
dc.descriptionFunding: ELIDEK project “Optimal Design of Competition Policy Enforcement”.en
dc.description.abstractThe choice of legal standards (LSs) in antitrust enforcement, to guide the assessment of potentially anticompetitive conduct, in order to decide whether there is liability or not, has been hotly debated for many years. The debate has gained in intensity in recent years as a result of the concerns expressed in many countries with the antitrust treatment of the major digital platforms. This article provides a detailed presentation of a new methodology for defining LSs along the continuum of LSs, depending on the screens assessed at different stages of the continuum. This is followed by a detailed formal examination of how all the pertinent factors that could influence error minimisation interact to determine the optimal LSs for different conducts and markets. The framework can be used to examine how the choice of error minimising LSs depends on the context in which specific conduct types are undertaken.
dc.relation.ispartofManagerial and Decision Economicsen
dc.rightsCopyright © 2022 The Authors. This is an open access article under the terms of the Creative Commons Attribution-NonCommercial-NoDerivs License, which permits use and distribution in any medium, provided the original work is properly cited, the use is non-commercial and no modifications or adaptations are made.en
dc.subjectHG Financeen
dc.titleChoosing legal rules or standards in antitrust enforcement : a proposal for extending and facilitating the use of the decision-theoretic approachen
dc.typeJournal articleen
dc.description.versionPublisher PDFen
dc.contributor.institutionUniversity of St Andrews. School of Economics and Financeen
dc.contributor.institutionUniversity of St Andrews. Centre for Energy Ethicsen
dc.description.statusPeer revieweden

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