Entry and merger policy

Laure Jaunaux, Yassine Lefouili and Wilfried Sand-Zantman

Economics Letters, 2017, vol. 161, issue C, 124-129

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.

Keywords: Merger policy; Entry; Uncertainty (search for similar items in EconPapers)
JEL-codes: K21 L13 L40 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176517304251
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:161:y:2017:i:c:p:124-129

DOI: 10.1016/j.econlet.2017.10.009

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().