Showing 1 - 10 of 19,575
Persistent link: https://www.econbiz.de/10009304117
This study develops and uses a successive oligopoly model, with an unobservable non-linear tariff between upstream and … downstream firms, to analyze the possible anti-competitive effects of an upstream merger. We find that an upstream merger may … model is tested empirically on data for an upstream merger in the Norwegian food sector (specifically, the market for eggs …
Persistent link: https://www.econbiz.de/10013061108
Persistent link: https://www.econbiz.de/10009723959
compatibility and can engage in bundling. We consider the impact of merger on prices, investment and consumer surplus. We also …
Persistent link: https://www.econbiz.de/10012001659
arbitrage. Furthermore, a merger can lead to an equilibrium in which only the "high-demand" market is served. This is more … likely (i) the lower consumers' transportation costs and (ii) the higher the concentration of the industry. Therefore, merger … incentives are much larger than standard analysis suggests. -- Imperfect market segmentation ; oligopoly ; price discrimination …
Persistent link: https://www.econbiz.de/10003874770
We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the antitrust agency … induces strictly price-decreasing mergers. Finally, under incomplete information an effcient merger type is to be doomed to …
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 … induces strictly price-decreasing mergers. -- Remedies ; Divestiture ; Merger Control ; Oligopoly ; Synergies …
Persistent link: https://www.econbiz.de/10009685029
mergers. If this assumption held, a positive external effect of a proposed merger would represent a sufficient condition to … allow the merger. However, the empirical picture on mergers and acquisitions reveals a significant share of unprofitable … mergers and economic theory, moreover, demonstrates that privately unprofitable mergers can be the result of rational action …
Persistent link: https://www.econbiz.de/10011492104
leadership in a symmetric Cournot oligopoly. I first explore the case of a single merger and show that, despite being such merger …I set up an endogenous merger model in which, whenever fi rms agree to join in a coalition, the new entity acquires the … coalition or an n - 1-fi rm coalition. I then allow for multiple coalitions and show that merger waves often occur as a fi rms …
Persistent link: https://www.econbiz.de/10012963274
In this paper, two pairs of complementors have to decide whether to merge and eventually bundle their products. Depending on the degree of competitive pressure in the market, either both pairs decide to merge (with or without bundling), or only one pair merges and bundles, while rivals remain...
Persistent link: https://www.econbiz.de/10013109910