On the Consistency of Merger Policy

A-Tier
Journal: Journal of Industrial Economics
Year: 1997
Volume: 45
Issue: 1
Pages: 89-100

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper presents a way to get around the information problem facing outside analysts who want to scrutinize competition authorities' decisions. A formal model of how decisions are taken is applied to infer information that is available to the authorities but not to the outside analyst. If the information thus inferred from several decisions is incompatible, it is claimed that the policy executed by the competition authorities is inconsistent. A case study is presented of two recent decisions by the Norwegian Competition Authority on proposed mergers in the Norwegian insurance industry, indicating they most likely were mutually inconsistent.

Technical Details

RePEc Handle
repec:bla:jindec:v:45:y:1997:i:1:p:89-100
Journal Field
Industrial Organization
Author Count
1
Added to Database
2026-01-26