LAW AND ECONOMY : INFORMATIONS EXCHANGES - FUNDAMENTAL NOTIONS - ECONOMIC ISSUES - POINT OF VIEW OF THE LAWYER

The economics of informations exchange

This set of three papers is derived from the training session on the information exchanges organised by Concurrences Review that has held on the 31th March 2011 in Paris. The first contribution written by Prof. Frederic Jenny, is dedicated to the definition of the fundamental notions. The second contribution, written by the economist Laurent Flochel concentrates on the economic issues. Finally, the third contribution, written by Florence Ninane provides us with the Lawyer point of view.

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. The exchange of information: The economics of information exchange between competitors and competition law Frédéric JENNY Professor of Economics at ESSEC Business School Extraordinary Duty Adviser, Commercial Chamber, Court of Cassation 1. The treatment of information exchanges between competitors is one of the most controversial subjects of competition law today. 2. The economic analysis suggests that exchanges of information between competitors in an oligopoly may have anti-competitive effects when they allow undertakings to implement collusion (explicit or tacit) that they would not be able to sustain without this exchange of information (collusion

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Frédéric Jenny, Laurent Flochel, Florence Ninane, The economics of informations exchange, May 2011, Concurrences N° 2-2011, Art. N° 35650, www.concurrences.com

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