We consider firms perfectly symmetrical on production costs in the pre-merger game but the cost of the merged entity may … be amended due to the anti-competitive effects of the merger. The lack of empirical precision concerning the effect of … the merger on production costs (Scherer, 1980 or Tichy, 2002) justifies our theoretical model in which we do not specify a …

/renewed form of knowledge) in post merger phases. In these researches, Knowledge integration appears as a key issue for the success … on an empirical study of a merger between 3 French public administrations, we propose a framework to analyze individual …

adopt new strategies : merger, simple or mutual links of interoperability. We develop a model of industrial organization to … practice" of postmarkets incites them to accept this type of agreements. On the other hand, a merger between incumbent clearing … houses can occur under some conditions. The merger is beneficial to these last ones as well as to the investors, but it is …

merger is accepted with an attendant risk of collusion with the benchmark case in which competition is present ex-post. The … collude if a merger is rejected. In fact, firms can have incitations to make collusion ex-post (after a rejection of a merger …