. -- merger ; asymmetric information ; oligopoly ; single crossing …We analyze a Bayesian merger game under two-sided asymmetric information about firm types. We show that the standard … prediction of the lemons market model–if any, only low-type firms are traded–is likely to be misleading: Merger returns, i.e. the …

, merger laws and enforcement practices, econometric methods for analyzing prospective horizontal mergers, and evidence …

We analyze the effects of synergies from horizontal mergers in a Cournot oligopoly where principals provide their … actually reduce consumer surplus which opposes the use of an efficiency defense in merger control. …