Browsing by Subject "Asymmetry of Information"
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(Universidad de Chile, Facultad de Economía y Negocios, 2007)This paper studies how the use of divestiture in merger control can affect the revelation of information about the level of efficiency gains that a proposed merger carries. We show that a decision policy that uses costly ...
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(Universidad de Chile, Facultad de Economía y Negocios, 2007)This article investigates how antitrust agencies should structure the disclosing of information about e¢ ciency gains from interested parties (merging Örms, and competitors) in merger control. We analyze the particular ...