Masson Robert T.; Serdar, Dalkir; David, Eisenstadt - In: Review of Law & Economics 10 (2014) 1, pp. 21-21
Antitrust policy in the US and EU toward non-horizontal mergers between oligopolists is based on a strong presumption of Cournot effects and/or improvements in consumer welfare through post-merger bundling. We show that complementary goods mergers between firms that possess market power in their...