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. Lien vers l'article
JAUNAUX, L., LEFOUILI, Y. and SAND-ZANTMAN, W. (2017). Entry and Merger Policy. Economics Letters, 161, pp. 124-129.