. Evaluating optimal antitrust policy, we point out that an active private equity market can aid antitrust authorities by …

We develop a model in which two firms that have proposed to merge are privately informed about merger …-specific efficiencies. This enables the firms to influence the merger control procedure by strategically revealing their information to an … antitrust authority. Although the information improves upon the quality of the authority’s decision, the influence activities …

We study optimal merger policy in a dynamic model in which the presence of scale economies implies that firms can … computationally, allows firms to invest or propose mergers according to the relative profitability of these strategies. An antitrust … authority is able to block mergers at some cost. We examine the optimal policy when the antitrust authority can commit to a …

policy related to its institutional set up and antitrust activities (rather than merger control). The effect is strengthened …

Leniency programmes (or policies) reduce sanctions against cartel members that self-report to the Antitrust Authority …

, but not too strict, merger policy tends to increase the incentive for innovations for sale by ensuring the bidding …

antitrust agency and where transparency - while making lobbying less effective - also implies real resource costs. We examine …This paper considers merger control in a common agency framework where firms and their competitors can influence the … the performance of two alternative standards that can be assigned to the antitrust agency in the presence of these …