Wey, Christian; Dertwinkel-Kalt, Markus - Verein für Socialpolitik - VfS - 2013
We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the antitrust agency applies a consumer surplus standard. Remedies increase the scope for profitable and acceptable mergers, while divestitures to an entrant firm are most effective in this regard....