for surgical ones. We further use a 2008 policy where Medicare implemented financial penalties for certain hospital …

that countervailing market power is important: a typical hospital merger would raise hospital prices 4.3% at the 25th …, antitrust policy is opaque about whether to incorporate countervailing market power in merger analyses. We use detailed national … of market power. We estimate willingness-to-pay models to evaluate hospital market power across analysis areas. We find …

that countervailing market power is important: a typical hospital merger would raise hospital prices 4.3% at the 25th …, antitrust policy is opaque about whether to incorporate countervailing market power in merger analyses. We use detailed national … of market power. We estimate willingness-to-pay models to evaluate hospital market power across analysis areas. We find …

for surgical ones. We further use a 2008 policy where Medicare implemented financial penalties for certain hospital …