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The Centre for Market and Public Organisation (CMPO) is a leading research centre, combining expertise in economics, geography and law. Our objective is to study the intersection between the public and private sectors of the economy, and in particular to understand the right way to organise and deliver public services. The Centre aims to develop research, contribute to the public debate and inform policy-making.

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This article focuses on decentralized implementation of European Union competition policy. Delegating the control of interfirm agreements makes it possible to benefit from better local information. However , because of conflicts of interest, decisions taken may not be in line with overall economic welfare. We show that this problem can be alleviated when the central authority delegates auditing but retains decision-making control. However, the central authority must make concessions : it must sometimes follow the national authority’s recommendations in order to give the latter adequate incentives to collect information.