Universität zu Köln

Dertvvinkel-Kalt, Markus and Wey, Christian (2016). Structural remedies as a signaling device. Inf. Econ. Policy, 35. S. 1 - 7. AMSTERDAM: ELSEVIER SCIENCE BV. ISSN 1873-5975

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Abstract

We analyze the effects of structural remedies on merger activity when the Antitrust Agency (AA) cannot observe a proposed merger's efficiency type. Provided the AA follows a consumer surplus standard, an efficient merger type is doomed to over-fix with its divestiture proposal in a pooling equilibrium, which is also possible under separation. (C) 2016 Elsevier B.V. All rights reserved.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Dertvvinkel-Kalt, Markus UNSPECIFIED UNSPECIFIED UNSPECIFIED Wey, Christian UNSPECIFIED UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-274053
DOI:	10.1016/j.infoecopol.2016.03.002
Journal or Publication Title:	Inf. Econ. Policy
Volume:	35
Page Range:	S. 1 - 7
Date:	2016
Publisher:	ELSEVIER SCIENCE BV
Place of Publication:	AMSTERDAM
ISSN:	1873-5975
Language:	English
Faculty:	Unspecified
Divisions:	Unspecified
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language CONSUMER WELFARE; EFFICIENCY GAINS; OLIGOPOLY; ASTERISK Multiple languages Economics Multiple languages
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/27405