Showing 11 - 20 of 143
mergers and acquisitions especially after the economic reforms of 1990s. Specifically, we have examined the technical … efficiency of the firms involved in mergers and acquisitions, separately for cross-border and domestic deals. …
Persistent link: https://www.econbiz.de/10010529467
We examine vertical backward integration in a reducedform model of successive oligopolies. Our key findings are: (i) There may be asymmetric equilibria where some firms integrate and others remain separated, even if firms are symmetric initially; (ii) Efficient firms are more likely to integrate...
Persistent link: https://www.econbiz.de/10001783575
exit. We adopt a natural experiment approach towards analyzing the impact of a tightening of Swiss antitrust legislation on …
Persistent link: https://www.econbiz.de/10002198976
We examine cost-reducing investment in vertically-related oligopolies, where firms may be vertically integrated or separated. Analyzing a standard linear Cournot model, we show that: (i) Integrated firms invest more than separated competitors. (ii) Vertical integration increases own investment...
Persistent link: https://www.econbiz.de/10001807376
earlier versions of this paper. -- Merger control ; European competition policy ; antitrust ; enforcement problems …
Persistent link: https://www.econbiz.de/10003986285
Pricing strategies may include the advertising of meeting-the-competition clauses (MCCs). We show in a specific spatial model scenario with differently informed consumers that MCCs primarily serve as a device to facilitate collusion instead of allowing for price discrimination between these...
Persistent link: https://www.econbiz.de/10003957044
This paper studies a model where exclusive dealing (ED) can both promote investment and foreclose a more efficient supplier. While investment promotion is usually regarded as a pro-competitive effect of ED, our paper shows that it may be the very reason why a contract that forecloses a more...
Persistent link: https://www.econbiz.de/10008840035
; merger control ; competition policy ; antitrust decisions ; comparative analysis …
Persistent link: https://www.econbiz.de/10009388226
-called more economic approach in the 2000s). This contribution reviews the state of the art in antitrust-oriented modern … industrial economics and, in particular, critically discusses open questions and possible limits of basing antitrust on modern … economics should be used to design better competition rules. -- competition policy ; antitrust ; modern industrial economics …
Persistent link: https://www.econbiz.de/10003860122
are also discussed. -- Anticompetitive Behaviour ; Exclusion ; Below-Cost Pricing ; Antitrust …
Persistent link: https://www.econbiz.de/10008702303