antitrust policy, we underscore that an active private equity market can aid antitrust authorities by triggering welfare …

In several European merger cases competition authorities have demanded that the merging firm auctions off virtual …

appear to be mixed. We explore the implications of our findings for antitrust analysis. …

examines the role of uncertainty (on the efficiency gains) in this tradeoff. Common wisdom is that the antitrust authorities … empirical merger analysis are exposed. …

private firm. We solve analytically for the Kantian equilibrium of this lobbying game together with the majority voting … more concentrated among the top productivity individuals, their increased lobbying effort generates efficiency as well as …

In this paper we model the commercial lobbying industry (such as the so-called K-Street lobbyists of Washington, D ….C.). In contrast to classical special interest groups commercial lobbying firms are not directly motivated by policy outcomes … level of commercial lobbying services is typically socially inefficient, and characterize the nature of the distortions …