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merge nor positive international welfare effects from a merger if there are no positive synergy effects. Furthermore, it …
Persistent link: https://www.econbiz.de/10010507750
The paper will attempt to describe and critically analyse efficiencies' regulation in horizontal merger control at both …
Persistent link: https://www.econbiz.de/10013131618
We describe a simple initial indicator of whether a proposed merger between rivals in a differentiated product industry … from the merger, based on the price/cost margins of the merging firms' products and the extent of direct substitution …
Persistent link: https://www.econbiz.de/10012715582
The importance of economics to the analysis and enforcement of competition policy and law has increased tremendously in the developed market economies in the past forty years. In younger and developing market economies, competition law itself has a history of twenty to twenty-five years at most...
Persistent link: https://www.econbiz.de/10011689074
coordinated and unilateral competitive effects of merger. The central issue considered is when and how market shares, and market … concentration statistics derived from them, form an appropriate basis for presuming harm to competition from merger. This revision …
Persistent link: https://www.econbiz.de/10014047827
conduct merger simulations and why there are important antitrust issues related to integrating merging parties’ pricing … effects in a merger context.- Remedies. Why data compatibility and collusion risk are important considerations when “divesting …
Persistent link: https://www.econbiz.de/10013308806
vertical mergers. Using public data from the Comcast-Time Warner-Adelphia Merger Order of the Federal Communications Commission …
Persistent link: https://www.econbiz.de/10010391562
that in absence of any penalty on cartel, a firm always prefers a cartel to merger, when the latter does not involve any … concentration among the competitive fringe lowers the profitability of merger as compared to cartel. We then discuss the impact of … antitrust regulation against cartel in the absence and presence of merger regulations. We find that in our model, regulation …
Persistent link: https://www.econbiz.de/10014221197
issues. We take the merger paradox from the standard oligopoly literature as a starting point and show that in the absence of … any cost-synergies of merger activities, firms do have an incentive to divest further instead of joining mergers. We then … endogenously and simultaneously requires both cost synergies and cost dissynergies. Endogenous merger size is then a function of …
Persistent link: https://www.econbiz.de/10013159769
and cost. Consistent with this theory, we show that deals in more competitive environments and deals with fewer external …
Persistent link: https://www.econbiz.de/10013005735