We show that the presence of a strategic tax policy increases the incentive for a horizontal merger compared to the … a horizontal merger that has been ignored in the existing literature. In contrast to the usual belief, we also show that … a horizontal merger may benefit the consumers and the society. …

Competition in some markets is a contest. This paper studies the merger incentives in such markets. Merger can be … profitable. The profitability depends on the post-merger contest st ructure, the discriminatory power of the contest and on the …

In this paper we compare the profitability of a merger to the profitability of a partial ownership arrangement and find …

Merged firms are typically rather complex organizations. Accordingly, merger has a more profound effect on the …

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

find interesting results linking patents to GM's bankruptcy, the Daimler-Chrysler merger, environmental regulations …