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Last edited by WorkBot
January 30, 2010 | History

Optimal pre-merger notification mechanisms 1 edition

Optimal pre-merger notification mechanisms
Aldo Javier Rodríguez González

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Optimal pre-merger notification mechanisms
incentives and efficiency of mandatory and voluntary schemes
Aldo Gonzalez, Daniel Benitez.

Published 2009 by World Bank in [Washington, D.C .
Written in English.

About the Book

"The authors compare the two merger control systems currently employed worldwide: a mandatory system based on merger size threshold and a voluntary system with ex-post monitoring and fines. The voluntary system possesses two informational advantages: (i) the enforcement agency employs more information -verifiable and non verifiable parameters- to decide the set of mergers to investigate, and (ii) the first move of merging firms reveals useful information to the agency about the competitive risk of a merger. If fines for undue omission to notify are upward limited, then a mixed mechanism is optimal, where small transactions are under a voluntary regime while the big mergers are obliged to report. Remedies for fixing anticompetitive mergers act as an instrument that induces firms to notify the operation, improving further the advantage of the voluntary mechanism. "--World Bank web site.

Edition Notes

Title from PDF file as viewed on 5/26/2009.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.

Series
Policy research working paper -- 4936, Policy research working papers (Online) -- 4936.

Classifications

Library of Congress
HG3881.5.W57

The Physical Object

Format
Electronic resource

ID Numbers

Open Library
OL23395071M
LC Control Number
2009655750

History Created December 11, 2009 · 2 revisions Download catalog record: RDF / JSON

January 30, 2010 Edited by WorkBot add more information to works
December 11, 2009 Created by WorkBot add works page