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effects. -- merger simulation ; merger control ; antitrust ; oligopoly theory ; auction models ; mergers & acquisitions …
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mergers and economic theory, moreover, demonstrates that privately unprofitable mergers can be the result of rational action … such a rule would cause a considerable amount of false positives. -- oligopoly theory ; horizontal merger policy …
Persistent link: https://www.econbiz.de/10003821593
Standard welfare analysis of horizontal mergers usually refers to two effects: the anticompetitive market power effect reduces welfare by enabling firms to charge prices above marginal costs, whereas the procompetitive efficiency effect increases welfare by reducing the costs of production...
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