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the decision document reflects state-of-the-art economic theory on conglomerate mergers. Regarding such types of mergers …-sided markets, like media markets, are involved. However, anticompe-titive conglomerate mergers are not impossible, in particular in … evidence, is necessary to justify a pro-hibition of a conglomerate merger from an economic point of view. Against this …
Persistent link: https://www.econbiz.de/10003526125
decision document reflects state-of-the-art economic theory on conglomerate mergers. Regarding such types of mergers …-sided markets, like media markets, are involved. However, anticompetitive conglomerate mergers are not impossible, in particular in … evidence, is necessary to justify a prohibition of a conglomerate merger from an economic point of view. Against this …
Persistent link: https://www.econbiz.de/10014051886
Communication has become a heavy industry that one can well compare to the iron and steel industry from the second half of the 19th century, or the car industry from the 1920s, as it currently generates the most important investments. Nowadays, we have a global commercial communication system...
Persistent link: https://www.econbiz.de/10013043197
We examine the effect of news media consolidation on local business news dissemination and its consequences for local investors and capital markets. We use acquisitions of television stations by Sinclair Inc. as plausibly exogenous shocks to local news coverage since Sinclair is alleged to...
Persistent link: https://www.econbiz.de/10013295382
Foreign direct investment is supposed to stimulate economic growth through the transfer of new technical knowledge and product innovation. This paper deals with the knowledge flow within the Japanese automotive supply chain catalysed by the keiretsu network in Indonesia. For this purpose, we...
Persistent link: https://www.econbiz.de/10010209545
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Persistent link: https://www.econbiz.de/10009012350
Die Arbeit untersucht, wie sich unternehmensexterne Wettbewerbsbedingungen und Principal-Agent-Probleme zwischen Eigentümern und Managern auf die Anreize zur Kostensenkung, die interne Effizienz in den Unternehmen und die Konsumentenrente auswirken. Es wird gezeigt, dass...
Persistent link: https://www.econbiz.de/10011922995
We consider one-to-one matching markets in which agents can either be matched as pairs or remain single. In these so-called roommate markets agents are consumers and resources at the same time. We investigate two new properties that capture the effect a newcomer has on incumbent agents....
Persistent link: https://www.econbiz.de/10014211918