Journal articles
Year
2017
Authors
SAND-ZANTMAN Wilfried, JAUNAUX Laure, LEFOUILI Yassine
Abstract
This note examines merger policy towards new entrants. We show that the optimal policy is driven by a simple sufficient statistic and that, under certain conditions, competition authorities should commit to being more lenient towards successful, rather than unsuccessful, entrants.
JAUNAUX, L., LEFOUILI, Y. et SAND-ZANTMAN, W. (2017). Entry and Merger Policy. Economics Letters, 161, pp. 124-129.