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differential merger outcomes are caused mostly by firms' technology or product market attributes. Furthermore, empirical merger …. We allow the merger responses to vary across firms, even after controlling for regressors, and apply a random …
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Structure on Cournot-Nash Equilibrium, 1983) about merger profitability are sensitive to the assumption of pre-merger Cournot …
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vertical mergers. Using public data from the Comcast-Time Warner-Adelphia Merger Order of the Federal Communications Commission …
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competition between firms, and by reducing the amount of consumer data collected. We argue that merger policy guidelines should …
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This paper aims at investigating the impacts of introducing cost asymmetry in horizontal merger analysis. In the … absence of efficiency gains, previous literature states the negative competitive effects of a merger between symmetric firms … those of the merged entity, leading to higher total investments post-merger. Similarly, consumer surplus could be improved …
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