Giebe, Thomas; Lee, Miyu - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2015
There are legal grounds to hear competitors in merger control proceedings, and competitor involvement has gained … formally model this setting with cheap talk signaling games, where hearing the competitor might convey valuable information to … the authority, but also serve the competitor’s own interests. We find that the authority will mostly have to ignore the …