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We analyze mergers and entry in a differentiated products oligopoly model of price competition. Any merger that does …, mergers occur in equilibrium only if barriers limit entry. Mergers that increase consumer surplus can occur in equilibrium for …
Persistent link: https://www.econbiz.de/10012841701
This addendum clarifies the notation used in the Miller (2014) model of mergers in procurement. It is assumed that the …
Persistent link: https://www.econbiz.de/10012844851
We describe the quantitative modeling techniques that are used in horizontal merger review for the evaluation of unilateral effects, and discuss how the 2010 Horizontal Merger Guidelines helped legitimize these methods and motivate scholarly research. We cover markets that feature...
Persistent link: https://www.econbiz.de/10012830097
in markets with intermediate levels of concentration. Mergers reduce the use of forward contracts in equilibrium and, in …
Persistent link: https://www.econbiz.de/10012946212
Economists widely agree that, absent sufficient efficiencies or other offsetting factors, mergers that increase … in the antitrust review of mergers is sensible and economically well-founded. It might seem natural to determine whether …
Persistent link: https://www.econbiz.de/10013308586