Ganslandt, Mattias; Persson, Lars; Vasconcelos, Helder - Faculdade de Economia e Gestão, Universidade Católica … - 2007
In their merger control, EU and the US have considered symmetric size distribution (cost structure) of firms to be a … factor potentially leading to collusion. We show that forbidding mergers leading to symmetric market structures can induce … mergers leading to asymmetric market structures with higher risk of collusion, when firms face indivisible costs of collusion …