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We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the Antitrust Agency (AA) cannot observe a proposed merger's efficiency type. Provided the AA follows a consumer surplus standard, an efficient merger type is doomed to over-fix with its divestiture...
Persistent link: https://www.econbiz.de/10011414129
We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the antitrust agency applies a consumer surplus standard. Remedies increase the scope for profitable and acceptable mergers, while divestitures to an entrant firm are most effective in this regard....
Persistent link: https://www.econbiz.de/10010340565
We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the antitrust agency applies a consumer surplus standard. Remedies increase the scope for pro table and acceptable mergers, while divestitures to an entrant rm are most effective in this regard. Remedial...
Persistent link: https://www.econbiz.de/10009685029
" nicht unter die Ex-ante-Regulierung stellen soll, wenn hierdurch keine langfristige Behinderung des Wettbewerbs zu erwarten … Regulierung. …
Persistent link: https://www.econbiz.de/10011601717
" nicht unter die Ex-ante-Regulierung stellen soll, wenn hierdurch keine langfristige Behinderung des Wettbewerbs zu erwarten … Regulierung. …
Persistent link: https://www.econbiz.de/10005019102
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Persistent link: https://www.econbiz.de/10011614243
We analyze how consumer preferences for one-stop shopping affect the (Nash) bargaining relationships between a retailer and its suppliers. One-stop shopping preferences create 'demand complementarities' among otherwise independent products which lead to two opposing effects on upstream merger...
Persistent link: https://www.econbiz.de/10011715704