In this paper we analyse the horizontal merger of companies in an already concentrated industry. The participants in mergers are obliged to submit notification to the Competition Commission but they also have the option of rejecting the merger. At the time of the notification submission the...

The aim of this paper is to offer recommendations for improving the system of competition protection in the Republic of Serbia, which are possible to implement in a relatively short time period. The implemen- tation basis for these recommendations already exists, so they are to be considered as...

This paper reviews single object auctions when bidders’ values of the object are interdependent. We will see how the auction forms could be ranked in terms of expected revenue when signals that bidders have about the value of the object are affiliated. In the discussion that follows we will...