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Efficiency defense and administrative fuzziness in merger regulation
- 1.0025967 - NHÚ 2006 RIV CZ eng J - Journal Article
Medvedev, Andrei
Efficiency defense and administrative fuzziness in merger regulation.
[Obrana efektivnosti a administrativní zmatek v regulaci fúzí.]
CERGE-EI Working Paper Series. -, č. 234 (2004), s. 1-42. ISSN 1211-3298
Institutional research plan: CEZ:AV0Z7085904
Keywords : merger regulation * efficiency defense
Subject RIV: AH - Economics
http://www.cerge-ei.cz/pdf/wp/Wp234.pdf
Inclusion of an efficiency defense brings about an asymmetric information problem between an antitrust agency and merging firms concerning efficiencies due to mergers. Effort level and merger type determine the probability of producing the evidence that efficiencies satisfy a consumer welfare standard.
Zahrnutí efektivity do obhajoby fúze vytváří problém asymetrické informace mezi antitrustovou agenturou a firmami, kterým jde o zvýšení efektivity po fúzi. Vyvinuté úsilí a typ fúze určují pravděpodobnost nalezení důkazu, že efektivita splňuje standard spotřebitelského blahobytu.
Permanent Link: http://hdl.handle.net/11104/0116286
File Download Size Commentary Version Access Wp234.pdf 0 382.9 KB Publisher’s postprint open-access
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