, welchen Einfluss die räumliche Dimension auf eine Fusion ausübt. Dabei wird ein Grundmodell entwickelt und über dieses hinaus …

merger by either reducing or increasing both price and quality. Welfare implications are not clear-cut and mergers might …

Using a spatial competition framework with three ex ante identical firms, we study the effects of a horizontal merger … and prices. Overall, a merger leads to higher average prices and quality in the market. The welfare implications of a … merger are not clear-cut. If the demand responsiveness to quality is sufficiently high, some consumers benefit from the …

., Marjit, S., 2010. Cross-border merger, vertical structure, and spatial competition. Economics Letters 109, 112 …-114]. Specifically, we prove that the Nash equilibrium locations of the downstream firms are the same in the pre-merger free-trade case … as they are following a cross-border upstream merger …

media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine …, we address three research questions: (i) Is the current development of analyzing industry with its recent merger activity … merger control in this industry, as well as a more active abuse control against already vertically-integrated media companies. …

actually reduce consumer surplus which opposes the use of an efficiency defense in merger control. …

assumption were held, a positive external effect of a proposed merger would represent a sufficient condition to allow the merger … theory, moreover, demonstrates that privately unprofitable mergers can be the result of rational action. Therefore, we drop … this restrictive assumption and allow for unprofitable mergers to occur. This exerts a considerable impact on merger policy …

either merge with a similar component producer (horizontal merger) or a complementary one (vertical merger) of a composite …, higher marginal cost savings are required for a horizontal merger in a composite industry not to result in a price increase …