Dynamic merger review.
We analyze the optimal dynamic policy of an antitrust authority toward horizontal mergers when merger proposals are endogenous and occur over time. Approving a currently proposed merger may affect the profitability and welfare effects of potential future mergers, whose characteristics may not yet be...
| Main Authors: | , |
|---|---|
| Format: | Journal article |
| Language: | English |
| Published: |
University of Chicago Press
2010
|