Antitrust authorities all over the world are concerned if a particularly aggressive competitor, a "maverick", is bought …

convey more bargaining power to the merged entity than a horizontal merger to monopoly. In a bidding game for an exogenously … determined target firm, a vertical merger can dominate a horizontal one, while pre-emption does not occur. …

illegal gains, as often outlined in existing antitrust regulation, and detection probabilities depend on the degree of … disentangles the effects of traditional antitrust regulation, leniency, and cartel strategies. Without rewards to the strictly …