Showing 1 - 10 of 203
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neglected. We introduce them into a standard oligopoly model of horizontal merger by assuming an (empirically supported …) decrease in labour demand due to merger-specific synergies and derive welfare effects. We find that efficiency benefits from …-side effects remain negligible. Eventually, policy conclusions for merger control are discussed. -- horizontal mergers …
Persistent link: https://www.econbiz.de/10003836388
Advances in competition economics as well as in computational and empirical methods have offered the scope for the … employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is … of state-of-the-art merger simulation models and review their previous employment in merger cases as well as the problems …
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This paper uses an endogenous merger formation approach in a concentrated international oligopoly to examine the … effects of trade liberalization on the nature of merger incentives (national vs. international). The effects of unilateral … liberalization has been accompanied by an increase in international merger activity. Among equilibrium market structures …
Persistent link: https://www.econbiz.de/10011591652
to competition concerns that are difficult to assess with current merger policy tools. In this paper, we examine the … discuss the main merger and acquisition theories of harm that can restrict market competition and reduce consumer welfare. To … merger and acquisition strategies have been very important factors in their growth. Market dominance by big platforms has led …
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among incumbent banks on competition and discuss when, depending on the pre-merger structure of the market and geographic … distribution of branches, the merger is anti-competitive. The paper has implications for competition policy as it suggests an …This paper analyses the relation between competition and concentration in the banking sector. The empirical answer is …
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model, we simulate the consequences of counter-factual national merger regulation. The US beer price index would have been 4 …-7% higher without divestitures. Up to 30% savings could have been obtained in Latin America by emulating the pro-competition …
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, we evaluate the 2013 merger between Amer- ican Airlines and US Airways. Our results highlight that spillovers in entry … and post-merger network readjustments play an important role in shaping post-merger outcomes. …
Persistent link: https://www.econbiz.de/10014313556