Cost and Benefits of Merger Control: An Applied Game Theoretic Perspective*
用博弈论模拟模型评估合并控制立法的净收益，以1998年荷兰新合并控制法为例，分析四个市场26家企业的合并效果，估算出荷兰合并控制在前五年每年净收益略超1亿欧元。
SUMMARY This paper discusses how simulation models based on game‐theoretic foundations can be used to arrive at an estimate of the net benefits of the merger control legislation. We illustrate our method using the Dutch new merger control legislation that was introduced in 1998. We analyse the effects of proposed mergers in four markets where 26 firms are operating and use a sample period of 5 years. Based on the results of these cases and using a cost benefit analysis, we estimate the net benefits of Dutch merger control at about a little more than €100 million a year during the first five years of merger control in The Netherlands.