To prevent possible abuse of market power in the future an antitrust agency can force merging firms to divest some of their assets. The divested assets can be sold through an auction either to existing competitors or a new entrant. An analysis of a Cournot market with fixed capital (assets) is conducted.
Pracoviště
Ekonomický ústav
Kontakt
Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122