On the inefficiency of merger control

According to the Merger Guidelines, the Antitrust Authority has to challenge an anticompetitive merger. These guidelines, however, neglect the parties' litigation costs during trial. We analyze under which circumstances these costs are so high that the agency's intervention is inefficient.

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Year of publication:	2009
Authors:	Gürtler, Oliver ; Kräkel, Matthias
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 102.2009, 1, p. 53-55
Publisher:	Elsevier
Keywords:	Litigation contest Merger control Cournot competition Bertrand competition

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005288214