exit. We show that the government should raise the entry tax when a merger reduces the total number of firms entering. …

The optimal competition policy when licensing is an alternative to a merger, which has the intention of transferring a … of the US Horizontal Merger Guidelines. In contrast, when only one instrument is feasible, be it fixed fees or royalties …

In current horizontal merger policy in the US and the EU an explicit efficiency defense is allowed. On both sides of …’ potential to harm consumers in the relevant market. Current merger policy is implicitly based on the assumption that rational … managers will only propose privately profitable mergers. In this thesis I will show that the empirical evidence on merger …

will consider the merger harmless. The purpose of this study is to examine the welfare aspects of vertical integration in a … turn out to depend on relative market shares and the degree of product differentiation. Basically, a merger is harmless … at an early stage of the screening process. Otherwise the merger may be detrimental to welfare and the competition …

balance sheet of the legal successor of a merger of the businesses of the participating companies; The determination of an …