Jayaratne, Jith; Shapiro, Carl - In: International Journal of the Economics of Business 7 (2000) 2, pp. 179-200
In this paper, we apply and extend merger simulation methodology to analyze the effectiveness of partial divestitures as a 'fix' to remedy the possible anticompetitive effects of horizontal mergers. Typically, antitrust agencies require merging firms to divest assets so that the status quo...