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Nocke, Volker and Rhodes, Andrew
(2025)
Optimal Merger Remedies.
TSE Working Paper, n. 25-1660, Toulouse
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Official URL : http://tse-fr.eu/pub/130888
Abstract
We develop a framework to study horizontal mergers when the parties can propose remedies to an antitrust authority. Remedies are modeled as asset divestitures, which make the firm receiving the assets more efficient at the expense of the merged firm. We consider both the case where the merger affects a single market and where it affects multiple markets. Solving for the merging firms’ optimal proposal, we investigate when it involves remedies—and if so, which assets should be divested, and to whom, and how this depends on market characteristics such as the level of competitiveness.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Language: | English |
| Date: | August 2025 |
| Place of Publication: | Toulouse |
| Uncontrolled Keywords: | Antitrust, horizontal mergers, structural remedies, divestitures, data |
| JEL Classification: | D43 - Oligopoly and Other Forms of Market Imperfection L13 - Oligopoly and Other Imperfect Markets L40 - General |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Institution: | Université Toulouse 1 Capitole |
| Site: | UT1 |
| Date Deposited: | 15 Sep 2025 07:46 |
| Last Modified: | 15 Sep 2025 12:31 |
| OAI Identifier: | oai:tse-fr.eu:130888 |
| URI: | https://publications.ut-capitole.fr/id/eprint/51174 |
