Cosnita, Andreea; Tropeano, Jean-Philippe - Maison des Sciences Économiques, Université Paris 1 … - 2006
The efficiency defence was long delayed in the European merger control due to costly implementation issues. In this … paper we argue that the upstream consequences of the efficiency defence should equally be considered, namely the improvement … of merger remedies on the incentives conveyed by the efficiency defence, and conclude on the optimal design of the …