Cunha, Mariana; Sarmento, Paula; Vasconcelos, Hélder - Faculdade de Economia, Universidade do Porto - 2014
This paper studies the role of uncertainty in merger control and in merger decisions. In a Cournot setting, we consider that mergers may give rise to uncertain endogenous efficiency gains and that every merger has to be submitted for approval to the Antitrust Authority (AA). We assume that both...