Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7349765 | Economics Letters | 2017 | 15 Pages |
Abstract
This note examines merger policy towards new entrants. We show that the optimal policy is driven by a simple sufficient statistic and that, under certain conditions, competition authorities should commit to being more lenient towards successful, rather than unsuccessful, entrants.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Laure Jaunaux, Yassine Lefouili, Wilfried Sand-Zantman,