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Persistent link: https://www.econbiz.de/10011695729
The purpose of this report is to contribute to the analysis of two questions. Should a merger control system take into … theoretical and empirical studies of mergers and merger control. Next, we review the current legal practice in seven OECD … jurisdictions. Finally, we propose a merger control system, emphasising the central role of informational limitations. Based on our …
Persistent link: https://www.econbiz.de/10010335109
Starting with Krugman (1980), much literature has analyzed how trade liberalization affects the economy based on the notion that trade is motivated by consumer's love of variety. In this paper, I augment these preferences by the determinants of demand for heterogeneous products. The model...
Persistent link: https://www.econbiz.de/10011430069
This paper starts by showing that in the European car industry, there exist cross-country taste differences along the product attribute dimension that significantly drive net trade patterns and reduce the volume of trade. Further it is shown that, after the creation of the European common...
Persistent link: https://www.econbiz.de/10011430098
This paper aims at establishing the existence of systematic differences in the nature of competitive strategies available to individual firms across industries. By means of qualitative content analysis, we extracted a matrix of 76 industries times 12 strategies reported as being characteristic...
Persistent link: https://www.econbiz.de/10011435068
On February 12, 2010, SUERF, the Oesterreichische Nationalbank and the Bankwissenschaftliche Gesellschaft continued their established tradition of jointly organised conferences. As evidenced also by the 115 conference participants, this year's subject of "Contagion and Spillovers – New...
Persistent link: https://www.econbiz.de/10011689946
Persistent link: https://www.econbiz.de/10011604338
This paper proposes an approach for predicting the pattern of mergers when different mergers are feasible. It generalizes the traditional IO approach, employing ideas on coalition-formation from cooperative game theory. The model suggests that in concentrated markets, mergers are conductive to...
Persistent link: https://www.econbiz.de/10010335090
incentives to increase copy prices after print a media merger. The paper also argues that the existence of economically sizeable … fixed costs may lead to efficiency gains from a print media merger. …
Persistent link: https://www.econbiz.de/10010377722
politically biased media may actually prefer competition. Finally, we illustrate how a media merger, or media consolidation in …
Persistent link: https://www.econbiz.de/10010377725