locked in a bilateral monopoly, the pattern of downstream mergers is investigated. In such a setting, a downstream merger … are. However, it turns out that most of the market structure equilibria consist of mergers among differentiated producers …. I find that firms’ strategic behaviour impedes mergers between similar producers, avoiding that input prices fall to …

It is well known that the profitability of horizontal mergers with quantity competition is scarce. However, in an … asymmetric Stackelberg market we obtain that some mergers are profitable. Our main result is that mergers among followers become …

where mergers take place in a collusive framework, the purpose of this paper is to analyze the competitive effects of … horizontal mergers on profits and welfare in a Partially Cartelized market. We show that both mergers among fringe and cartel … this could be the intense wave of mergers among oil firms that coincided with a large period of high oil prices caused by …

There is a recent tendency toward encouraging universities to merge. This policy is based on the idea that mergers … may reduce competition for both research funds and professors. This paper analyzes whether or not mergers among … potential merger institutions in terms of their reputation the greater the amount of funds needed to make mergers profitable. …

In this paper we analyze the effect strategic delegation on the profitability of mergers in the context of a Cournot …