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dc.contributor.authorBudzinski, Oliveren
dc.contributor.authorRuhmer, Isabelen
dc.date.accessioned2009-08-07-
dc.date.accessioned2010-03-05T15:43:20Z-
dc.date.available2010-03-05T15:43:20Z-
dc.date.issued2008-
dc.identifier.urihttp://hdl.handle.net/10419/30108-
dc.description.abstractAdvances in competition economics as well as in computational and empirical methods have offered the scope for the employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is, nevertheless, still a very young and innovative instrument of antitrust and, therefore, its technical potential is far from being comprehensively exploited and teething problems in its practical use in the antitrust environment prevail. We provide a classification of state-of-the-art merger simulation models and review their previous employment in merger cases as well as the problems and limitations currently associated with their use in merger control. In summary, merger simulation models represent an important and valuable extension of the toolbox of merger policy. However, they do not qualify as a magic bullet and must be combined with other, more traditional instruments of competition policy in order to comprehensively unfold its beneficial effects.en
dc.language.isoengen
dc.publisher|aPhilipps-University Marburg, Faculty of Business Administration and Economics |cMarburgen
dc.relation.ispartofseries|aMAGKS Joint Discussion Paper Series in Economics |x2008,07en
dc.subject.jelL40en
dc.subject.jelC15en
dc.subject.jelK21en
dc.subject.ddc330en
dc.subject.keywordmerger simulationen
dc.subject.keywordmerger controlen
dc.subject.keywordantitrusten
dc.subject.keywordoligopoly theoryen
dc.subject.keywordauction modelsen
dc.subject.keywordmergers & acquisitionsen
dc.titleMerger simulation in competition policy: a survey-
dc.type|aWorking Paperen
dc.identifier.ppn606254250en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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