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vertical mergers. Using public data from the Comcast-Time Warner-Adelphia Merger Order of the Federal Communications Commission …
Persistent link: https://www.econbiz.de/10010391562
I study a merger between producers of complement inputs facing entry of superior inputs, with investment by the … incumbents in deterministic cost reduction and by the entrants in probabilistic innovation, and competition in prices. The merger … on R&D by the incumbents (entrants). With inelastic demand the merger harms consumers if the incumbents are efficient …
Persistent link: https://www.econbiz.de/10012914090
The health care industry is being transformed. Rapid consolidation, taking the form of both mergers and acquisitions and rapidly shifting alliances and contractual relations, has led to a marked increase in concentration. Within the next few years, many markets are predicted to be dominated by a...
Persistent link: https://www.econbiz.de/10014193317
The health care industry is being transformed. Large firms are merging and acquiring other firms. Alliances and contractual relations between players in this market are shifting rapidly. Within the next few years, many markets are predicted to be dominated by a few large firms. Antitrust...
Persistent link: https://www.econbiz.de/10014215808
Given various recent antitrust investigations on the retail sector, we deal with uncovering demand systems substitution patterns for a particular market (diapers) to investigate the inter-format competition (supermarkets vs. discounters vs. drugstores). Using the uncovered demand system we...
Persistent link: https://www.econbiz.de/10010434293
We study platforms competing in commissions on revenues of sellers engaged in monopolistic competition, as the app providers on the app stores of iPhones and Android devices. Free entry of sellers on each platform generates multihoming superstars and a long tail of singlehoming sellers....
Persistent link: https://www.econbiz.de/10013216580
We consider a dynamic platform competition in a market with network externalities. The incumbent platform enjoys a focal position such that consumers expect other consumers to join it, while the entrant platform may enjoy a quality advantage. We examine the effect of an antitrust policy that...
Persistent link: https://www.econbiz.de/10013291496
This paper analyzes the effects of tying arrangements on market competition and social welfare in two-sided markets when economic agents can engage in multi-homing; that is, they can participate in multiple platforms in order to reap maximal network benefits. The model shows that tying induces...
Persistent link: https://www.econbiz.de/10013317421
We examine the relation between consumer search and equilibrium prices when collusion is endogenously determined. We develop a theoretical model and show that average price is a U-shaped function of the measure of searchers: prices are highest when there are no searchers (local monopoly power)...
Persistent link: https://www.econbiz.de/10012007152
Fees for banking services have been a policy concern for over 20 years and the subject of several government agencies studies, which focused on the magnitude, incidence, or disclosure of such fees. Using a sample of single market banks, I study the relationship between market-level consumer...
Persistent link: https://www.econbiz.de/10011709329