Cosnita-Langlais, Andreea; Tropeano, Jean-Philippe - In: International Journal of Industrial Organization 30 (2012) 1, pp. 58-66
This paper examines the optimal use of remedies and the efficiency defense for merger control. We develop a framework in which merger efficiency gains are endogenously determined and are not observed by the Competition Authority. The possibility of an efficiency defense can push firms to design...