The U.S. and EU Merger Guidelines strongly emphasize the relevance of the “ease of entry” argument in merger … evaluations. Up to now, very little is known empirically about how mergers affect entry and exit, and the resulting number of … dominated mergers. Interestingly, we also find that mergers foreclose potential entry in other product markets and reduce the …

exporting firms triggers firm entry, reduces unemployment and increases wage dispersion in the on-the-job search model with …

We study the effect of entry on the price distribution in the German retail gasoline market. Exploiting more than 700 … entries over five years in an event study design, we find that entry causes a persistent first-order stochastic shift in the … to 12% of stations' gross margins. Consumers with easy access to information on prices gain the most from entry. The …

, the licensee's entry into the final products market, although increases the competition and the cost that the licensor … faces, it reinforces, instead of weakens, the licensing incentives. Furthermore, the licensee's entry augments the positive …

We test for the distributional effects of regulation and entry in the mobile telecommunications sector in a highly …. Next, we use a demand and supply equilibrium framework to simulate prices and the distribution of welfare without entry and … mobile termination rate regulation. We find that regulation benefits consumers significantly more than entry does, and that …

We develop a model of vertical innovation in which firms incur a market entry cost and choose a unique level of quality … spectrum has top and a bottom, is thus overcome by sequential entry. Our main contribution lies in handling these asymmetries. …