DP3878 An Equilibrium Approach to International Merger Policy

Author(s): Luís M B Cabral
Publication Date: April 2003
Keyword(s): merger policy, repeated games
JEL(s): F00, L40
Programme Areas: Industrial Organization
Link to this Page: cepr.org/active/publications/discussion_papers/dp.php?dpno=3878

I treat international merger policy as a repeated veto game. I derive optimal equilibria and consider a series of comparative statistics and extensions.