Skip to main content

Research Repository

Advanced Search

International aspects of merger policy: a survey

Breinlich, Holger; Nocke, Volker; Schutz, Nicolas


Holger Breinlich

Volker Nocke

Nicolas Schutz


This paper surveys the literature on merger policy in open economies. We first adopt a reduced-form approach to derive general insights on the scope for conflict between national antitrust authorities and on the gains from international merger policy coordination. Taking trade costs as given, we use standard oligopoly models to derive conditions on market structure, under which underenforcement or overenforcement of national merger policies can arise. We then study the interactions between merger policy and trade policy, and find that trade liberalization often leads to stricter national merger policies. We conclude by discussing empirical evidence on conflict between antitrust authorities.


Breinlich, H., Nocke, V., & Schutz, N. (2017). International aspects of merger policy: a survey. International Journal of Industrial Organization, 50,

Journal Article Type Article
Acceptance Date May 3, 2016
Online Publication Date May 11, 2016
Publication Date Jan 31, 2017
Deposit Date Jun 14, 2016
Publicly Available Date Jun 14, 2016
Journal International Journal of Industrial Organization
Print ISSN 0167-7187
Electronic ISSN 1873-7986
Publisher Elsevier
Peer Reviewed Peer Reviewed
Volume 50
Keywords Mergers and acquisitions; merger policy, trade policy, oligopoly, international
Public URL
Publisher URL


Breinlich-Nocke-Schutz(2015)_MergerPolicySurvey_IJIO.pdf (1.1 Mb)

Copyright Statement
Copyright information regarding this work can be found at the following address:

You might also like

Downloadable Citations