This paper empirically evaluates the price effects of the merger of two major book retail chains in the UK: Waterstone … information on a sample of 200 books sold in 60 stores in 50 different local markets for a period of four years around the merger …. Since retail mergers may have either local or national effects (or both) according to the level at which retail chains set …

We study the effect of a merger in a dynamic high-technology industry-the videogame market- which is characterized by … frequent introduction of new products. To assess the impact of the merger between two large specialist retailers in the UK, we … suggest that there has been a reduction in the general level of prices of both new and pre-owned games after the merger. This …

arbitrage. Furthermore, a merger can lead to an equilibrium in which only the "high-demand" market is served. This is more … likely (i) the lower consumers' transportation costs and (ii) the higher the concentration of the industry. Therefore, merger …

merger targets between 1990 and 2009. We use different matching techniques to construct separate control groups for acquirers … and targets and use appropriate difference-in-difference estimation methods to single out the causal effect of mergers on … R&D growth and intensity. We find that target firms substantially decrease their R&D efforts after a merger, while the R …

emergence of hypermarkets seems to deepen retail segmentation by inducing potential adopters (e.g. supermarkets) to exit the …