Asymmetric Collusion and Merger Policy
In their merger control, EU and the US have considered symmetric size distribution (cost structure) of rms to be a factor potentially leading to collusion. We show that forbidding mergers leading to symmetric market structures can induce mergers leading to asymmetric market structures with higher ri...
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| Other Authors: | , |
| Format: | workingPaper |
| Language: | eng |
| Published: |
2018
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10400.14/25298 |
| Country: | Portugal |
| Oai: | oai:repositorio.ucp.pt:10400.14/25298 |